Kellogg co k recently earned a profit of 382 earnings per, Financial Management

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Kellogg co k recently earned a profit of 382 earnings per

Kellogg Co. (K) recently earned a profit of $3.82 earnings per share and has a P/E ratio of 20.15. The dividend has been growing at a 4 percent rate over the past few years. If this growth rate continues, what would be the stock price in six years if the P/E ratio remained unchanged? What would the price be if the P/E ratio declined to 16 in six years?

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Financial Management: Kellogg co k recently earned a profit of 382 earnings per

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