question archive QUESTION 7 Hudson Corporation will pay a dividend of $3
Subject:FinancePrice: Bought3
QUESTION 7 Hudson Corporation will pay a dividend of $3.60 per share next year. The company pledges to increase its dividend by 2.80 percent per year indefinitely.
If you require a return of 5.50 percent on your investment, how much will you pay for the company's stock today?