Why Buffett Loves Johnson & Johnson [View article]
Hi sridhar, I've assumed that the growth rates are compounded annually, hence this calculation: (11.6+39.3)bil * 16.1% ^10 * 5%^10 = $368.92 bil, not even close to the $966 bil that you managed to get. Whats the mistake?
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Latest | Highest ratedWhy Buffett Loves Johnson & Johnson [View article]