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Kellogg Company ( K ) recently earned a profit of $ 2 . 4 2 earnings per share and has a P / E ratio

Kellogg Company (K) recently earned a profit of $2.42 earnings per share and has a P/E ratio of 19.45. The dividend has been growing at an 8 percent rate over the past few years.
If this growth rate continues, what would be the stock price in four years if the P/E ratio remained unchanged? What would the price be if the P/E ratio declined to 18 in four years?
Note: Round your answers to 2 decimal places.
\table[[Stock price,],[Stock price with new P/E,]]
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