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Hudson Corporation will pay a dividend of $5.70 per share next year. The company pledges to increase its dividend by 4.40 percent per year indefinitely.
| Hudson Corporation will pay a dividend of $5.70 per share next year. The company pledges to increase its dividend by 4.40 percent per year indefinitely. |
| If you require a return of 12.80 percent on your investment, how much will you pay for the company's stock today? |
Multiple Choice
$65.14
$31.74
$65.00
$67.86
$70.57
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Entrepreneurial Finance
Authors: Philip J. Adelman, Alan M. Marks
4th Edition
0132434792, 9780132434799
