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Johnson & Johnson stock is expected to pay a $3.54 annual dividend next year, the current stock price is $138, and the expected growth rate

Johnson & Johnson stock is expected to pay a $3.54 annual dividend next year, the current stock price is $138, and the expected growth rate in dividends is 5.2 %. Using the dividend discount growth model, what is the expected return?

6%

8%

10%

12%

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