Business, 04.11.2019 22:31 Petlover6975

Hudson corporation will pay a dividend of $3.28 per share next year. the company pledges to increase its dividend by 3.75 percent per year indefinitely. if you require a return of 10 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.)

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