Business, 18.08.2020 14:01 Hannahrose911
Hudson Corporation will pay a dividend of $5.00 per share next year. The company pledges to increase its dividend by 7.80 percent per year indefinitely.
If you require a return of 5.40 percent on your investment, how much will you pay for the company's stock today?
a. $150.86
b. $157.14
c. $163.43
d. $152.12
e. $36.72
Answers: 2
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