P8-4 Stock Values [LO1] Hudson Corporation will pay a dividend of $3.80 per share next year. The company pledges to increase its dividend by 2.30 percent per year indefinitely. If you require a return of 8.30 percent on your investment, how much will you pay for the company's stock today? Multiple Choice $63.33 $61.91 $65.87

Hudson Corporation will pay a dividend of $3.80 per share next year. The company pledges to increase its dividend by 2.30 percent per year indefinitely. If you require a return of 8.30 percent on your investment, how much will you pay for the company's stock today? Multiple Choice $63.33 $61.91 $65.87 $63.33 $61.91 $65.87 $35.04 $60.80