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NYT recently earned a profit of $1.21 per share and has a P/E ratio of 19.59. The dividend has been growing at a 7.25 percent
NYT recently earned a profit of $1.21 per share and has a P/E ratio of 19.59. The dividend has been growing at a 7.25 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 ration remained unchanged? What would the price be if the P/E ration increased to 22 in five years?
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