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Assume Coleco pays an annual dividend of $1.47 and has a share price of $37 36 It announces that its annual dividend will increase
Assume Coleco pays an annual dividend of $1.47 and has a share price of $37 36 It announces that its annual dividend will increase to $1.71. If its dividend yield stays the same. what should be its new share price? The new price will be $(Round to the nearest cent.)
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Fundamentals of Financial Management
Authors: Eugene F. Brigham, Joel F. Houston
12th edition
978-0324597714, 324597711, 324597703, 978-8131518571, 8131518574, 978-0324597707
