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The EPS and dividend of Johnson & Johnson (JNJ) was $2 and $0.9 respectively last year. With a required return of 9%, how much will

The EPS and dividend of Johnson & Johnson (JNJ) was $2 and $0.9 respectively last year. With a required return of 9%, how much will the stock price of JNJ change if the growth rate increases from 7% to 7.7058%?

Using calculator or formula

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