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Assume Coleco pays an annual dividend of $1.55 and has a share price of $37.13. It announces that its annual dividend will increase to $1.77.
Assume Coleco pays an annual dividend of $1.55 and has a share price of $37.13. It announces that its annual dividend will increase to $1.77. If its dividend yield stays the same, what should be its new share price?
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