Stock price and stock price with new p-e

Assignment Help Financial Management

Reference no: EM131900705

New York Times Co. (NYT) recently earned a profit of $2.91 per share and has a P/E ratio of 20.05. The dividend has been growing at a 6.25 percent rate over the past six years. If this growth rate continues, what would be the stock price in five years if the P/E ratio remained unchanged? What would the price be if the P/E ratio increased to 24 in five years? (Round your answers to 2 decimal places.)

Stock price = ? $

Stock price with new P/E = ? $

Reference no: EM131900705

Questions Cloud

Conventional mutually exclusive independent : Those projects are: Nonconventional Conventional Mutually exclusive Independent

What was the annual growth rate and portfolio beta : Annual dividends of AT&T Corp (T) grew from $0.83 in 2000 to $1.41 in 2012. What was the annual growth rate? What is the portfolio beta?

What is the tax before tax cost of debt for olympic : What is the tax before tax cost of debt for Olympic.

What is return shareholders are expecting : The dividend is expected to grow at a 15 percent rate. The current stock price is $50.91. What is the return shareholders are expecting?

Stock price and stock price with new p-e : what would be the stock price in five years if the P/E ratio remained unchanged?

Discuss the important role of a project manager : What do you think is the most important role of a project manager? Do you think that role has or will change over time?

What is the value of stock at the beginning : What is the value of this stock at the beginning of 2013 when the required return is 14.5 percent?

How can the work environment inhibit learning of training : How can the work environment inhibit learning and transfer of training? Explain. What work environment characteristics do you believe have the largest.

Payback period for proposed capital budgeting project : What is the payback period for the following proposed capital budgeting project:

User Account

All Pages