What would you be willing to pay for johnsons stock

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Reference no: EM131962983

Johnson Inc recently paid a dividend of $1.275. The company has been very profitable and expects it dividends to grow at 14% forever.

If you would expect a return of 17% on similar stocks, what would you be willing to pay for Johnson's stock?

The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

Reference no: EM131962983

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