The P-E ratio remained unchanged

Assignment Help Financial Management

Reference no: EM131958423

New York Times Co. (NYT) recently earned a profit of $1.71 per share and has a P/E ratio of 19.45. 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 six years if the P/E ratio remained unchanged? What would the price be if the P/E ratio increased to 22 in six years? (Round your answers to 2 decimal places.)

Reference no: EM131958423

Questions Cloud

Discuss at least two individual rights for a patient : Discuss at least two (2) individual rights for a patient regarding EMR and their healthcare information. Next, describe three (3) basic safeguards.

Simple interest versus compound interest : First City Bank pays 6 percent simple interest on its savings account balances, whereas Second City Bank pays 6 percent interest compounded annually.

Analyze primary issues with patient confidentiality : From the scenario, analyze the primary problems associated with information management, and analyze the primary issues associated with patient confidentiality.

How do law enforcement organizations regulate the use : How do law enforcement organizations regulate the use of social media? Just about every major law enforcement organization has a Facebook account.

The P-E ratio remained unchanged : If this growth rate continues, what would be the stock price in six years if the P/E ratio remained unchanged?

How is constructivism different from suprematism : How is Constructivism different from Suprematism? Describe the look of AlexandrRodchenko's typical work. Who did he work for?

Define implications of adverse selection in insurance market : Analyze the implications of adverse selection in insurance markets that contain information asymmetry and community ratings. Justify your response.

Essay on how nurses use professional communication skills : Using a case study, Essay on how nurses use professional communication skills to develop a therapeutic relationship with patients

Major obstacle to a country economic development : The prevalence of corruption throughout a state's institutions is the major obstacle to a country's economic development.

User Account

All Pages