Assume Coleco pays an annual dividend of $1.75 and has a share price of $35.00. It announces that its annual dividend will increase to $2.05. if its dividend yield is to stay the same, what should s new share price be? The new share price should be $ (Round to the nearest cent)
Assume Coleco pays an annual dividend of $1.75 and has a share price of $35.00. It announces that its annual dividend will increase to $2.05. if its dividend yield is to stay the same, what should s new share price be? The new share price should be $ (Round to the nearest cent)
Chapter14: Investing In Stocks And Bonds
Section: Chapter Questions
Problem 1DTM
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