The required return on the stock is 8.87%. Given the cash flows in the summary quote, what is the value of the stock? Johnson & Johnson (JNJ) NYSE-Nasdaq Real Time Price. Currency in USD 179.43 +0.79 (+0.44%) As of 12:39PM EDT. Market open. Summary Previous Close Open Bid Ask Day's Range 52 Week Range Volume Company Outlook Ave Volume 178.64 178.80 179.67 x 1000 179.65 x 1400 177.68-180.62 155.72-186.69 2,386,866 8,058,736 Chart Add to watchlist Conversations Stat Market Cap Beta (SY Monthly) PE Ratio (TTM) EPS (TTM) Earnings Date Forward Dividend & Yield Ex-Dividend Date 1y Target Est 472.069B 0.72 22.99 7.81 Jul 19, 2022 4.52 (2.50%) May 23, 2022 191.42 D

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
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The required return on the stock is 8.87%.  Given the cash flows in the summary quote, what is the value of the stock?

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The required return on the stock is 8.87%. Given the cash flows in the summary quote, what is
the value of the stock?
Johnson & Johnson (JNJ)
NYSE-Nasdaq Real Time Price. Currency in USD
179.43 +0.79 (+0.44%)
As of 12:39PM EDT Market open.
Summary
Previous Close
Open
Bid
Ask
Volume
Avg. Volume
Company Outlook
Answer
178.64
178.80
179.67 x 1000
Day's Range
52 Week Range 155.72-186.69
179.65 x 1400
177.68-180.62
2,386,866
8,058,736
Chart
Add to watchlist
Conversations
Market Cap
Beta (SY
Monthly)
PE Ratio (TTM)
EPS (TTM)
Earnings Date
Forward
Dividend & Yield
Ex-Dividend Date
1y Target Est
Stat
472.069B
0.72
22.99
7.81
Jul 19, 2022
4.52 (2.50%)
May 23, 2022
191.42
k
Transcribed Image Text:The required return on the stock is 8.87%. Given the cash flows in the summary quote, what is the value of the stock? Johnson & Johnson (JNJ) NYSE-Nasdaq Real Time Price. Currency in USD 179.43 +0.79 (+0.44%) As of 12:39PM EDT Market open. Summary Previous Close Open Bid Ask Volume Avg. Volume Company Outlook Answer 178.64 178.80 179.67 x 1000 Day's Range 52 Week Range 155.72-186.69 179.65 x 1400 177.68-180.62 2,386,866 8,058,736 Chart Add to watchlist Conversations Market Cap Beta (SY Monthly) PE Ratio (TTM) EPS (TTM) Earnings Date Forward Dividend & Yield Ex-Dividend Date 1y Target Est Stat 472.069B 0.72 22.99 7.81 Jul 19, 2022 4.52 (2.50%) May 23, 2022 191.42 k
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