Hudson Corporation will pay a dividend of $2.98 per share next year. The company pledges to increase its dividend by 5 p

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Hudson Corporation will pay a dividend of $2.98 per share next year. The company pledges to increase its dividend by 5 p

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Hudson Corporation Will Pay A Dividend Of 2 98 Per Share Next Year The Company Pledges To Increase Its Dividend By 5 P 1
Hudson Corporation Will Pay A Dividend Of 2 98 Per Share Next Year The Company Pledges To Increase Its Dividend By 5 P 1 (11.22 KiB) Viewed 13 times
Hudson Corporation will pay a dividend of $2.98 per share next year. The company pledges to increase its dividend by 5 percent per year indefinitely. If you require a return of 14 percent on your investment, how much will you pay for the company's stock today? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Stock price
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