UPS has a P/E of 16.29 and a profit of $4.51/share. They've been growing the dividend at
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Question:
UPS has a P/E of 16.29 and a profit of $4.51/share. They've been growing the dividend at 14.3%. If the growth continues as is:
- What will be the stock price in six years if the P/E ratio stays the same?
- What if the P/E ratio is just 9.05 in six years, then what's the price?
Related Book For
Principles of Managerial Finance
ISBN: 978-1408271582
Arab World Edition
Authors: Lawrence J. Gitman, Chad J. Zutter, Wajeeh Elali, Amer Al Roubaix
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