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Johnson & Johnson has a ROE of 19% and a plowback ratio of 50%. If the coming year's earnings are expected to be $2 per
Johnson & Johnson has a ROE of 19% and a plowback ratio of 50%. If the coming year's earnings are expected to be $2 per share, at what price will the stock sell? The market capitalization rate is 12%.
What price do you expect Johnson & Johnson shares to sell for in three years?
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