Walmart (WMT) Recently Earned a Profit of $3

Multiple Choice

Walmart (WMT) recently earned a profit of $3.13 per share and has a P/E ratio of 14.22. The dividend has been growing at a 12.5 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 declined to 10 in five years?

A) $6.08, $5.04 respectively
B) $72.22, $50.40 respectively
C) $80.20, $56.40 respectively
D) $86.46, $60.80 respectively