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Assume Coleco pays an annual dividend of $1.49 and has a share price .pdf

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Assume Coleco pays an annual dividend of $1.49 and has a share price of $37.92. 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?.

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Assume Coleco pays an annual dividend of $1.49 and has a share price of $37.92. 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?

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