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Hudson Corporation will pay a dividend of $5.60 per share next year. The company pledges to increase its dividend by 3.60 percent per year indefinitely.

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Hudson Corporation will pay a dividend of $5.60 per share next year. The company pledges to increase its dividend by 3.60 percent per year indefinitely. If you require a return of 8.90 percent on your investment, how much will you pay for the company's stock today? Multiple Choice $101.43 $105.66 $43.24 $101.99 5109Rg

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