Answered step by step
Verified Expert Solution
Question
...
1 Approved Answer
If Walmart (WMT) recently earned a profit of $5.10 per share and has a P/E ratio of 16.25. The dividend has been growing at a
If Walmart (WMT) recently earned a profit of $5.10 per share and has a P/E ratio of 16.25. The dividend has been growing at a 6 percent rate over the past few yeass If this growth continues, what would be the stock price in five years if the P/E ratio remained unchanged? What would the price be if the PIE ratio dedined to 12 in live years?
Multiple Choice
$41.44, $30.60 respectively
$110.91, $81.90 respectively
$414.38, $306.00 respectively
$82 88, $61.20 respectively
If Walmart (WMT) recently earned a profit of $5.10 per share and has a P/E ratio of 16.25. The dividend has been growing at a 6 percent rate over the past few yeass If this growth continues, what would be the stock price in five years if the P/E ratio remained unchanged? What would the price be if the PIE ratio dedined to 12 in live years?
Multiple Choice
$41.44, $30.60 respectively
$110.91, $81.90 respectively
$414.38, $306.00 respectively
$82 88, $61.20 respectively
Step by Step Solution
There are 3 Steps involved in it
Step: 1
![blur-text-image](https://dsd5zvtm8ll6.cloudfront.net/includes/images/document_product_info/blur-text-image.webp)
Get Instant Access with AI-Powered Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
![blur-text-image](https://dsd5zvtm8ll6.cloudfront.net/includes/images/document_product_info/blur-subtext-image.webp)
Step: 3
![blur-text-image](https://dsd5zvtm8ll6.cloudfront.net/includes/images/document_product_info/blur-subtext-image.webp)
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started