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Suppose typical pharmaceutical firms sell for five times of its book value. The book value per share of Johnson & Johnson UJ&J) is $15. What

Suppose typical pharmaceutical firms sell for five times of its book value. The book value per share of Johnson & Johnson UJ&J) is $15. What is the estimated price of J&J based on book-to-market ratio? O $15 $45 $75 None of the above

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