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Johnson Corporation has just paid a dividend of $3.68. The company has forecasted a growth rate of 6.5 percent for the next several years. If

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Johnson Corporation has just paid a dividend of $3.68. The company has forecasted a growth rate of 6.5 percent for the next several years. If the appropriate discount rate is 15.2 percent. what is the current price of this stock and will you buy this stock or not if it is currently selling for $54 ? (Round to the nearest dollar.) \$59. Yes 359,No \$45, No S45, Yes

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