Question: Johnson & Johnson ( JNJ ) recently paid a $ 1 . 6 5 dividend. The dividend is expected to grow at a 7 .

Johnson & Johnson (JNJ) recently paid a $1.65 dividend. The dividend is expected to grow at a 7.5 percent rate.
At a current stock price of $159.25, what return are shareholders expecting?How to solve
 Johnson & Johnson (JNJ) recently paid a $1.65 dividend. The dividend

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