Mathematics
Mathematics, 27.02.2020 00:28, abbyg2710

If Target Corp. (TGT) recently earned a profit of $6.07 earnings per share and has a P/E ratio of 16.5. The dividend has been growing at a 10 percent rate over the past few years. 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 P/E ratio increased to 18 in five years?

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If Target Corp. (TGT) recently earned a profit of $6.07 earnings per share and has a P/E ratio of 16...

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