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NYT recently earned a profit of $1.61 per share New York Times Co. (NYT) recently earned a profit of $1.61 per share and has a
NYT recently earned a profit of $1.61 per share
New York Times Co. (NYT) recently earned a profit of $1.61 per share and has a P/E ratio of 19.40. The dividend has been growing at a 9.25 percent rate over the past six years. lf this growth rate continues, what would be the stock price in five years if the remained unchanged? What would the price be if the P/E ratio increased to 26 in five years? Stock price $ Stock price with new P/E $ Step by Step Solution
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