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