JOHNSON & JOHNSON
| 2013 | FY |
The average fair value of options granted was
$4.88
,
$6.39
and
$7.47
, in
2013
,
2012
and
2011
, respectively. The fair value was estimated based on the weighted average assumptions of:
2013
2012
2011
Risk-free rate
1.01
%
1.06
%
2.41
%
Expected volatility
14.04
%
18.38
%
18.20
%
Expected life (in years)
6.0
6.0
6.0
Dividend yield
3.40
%
3.60
%
3.60
%
us-gaap:ScheduleOfShareBasedPaymentAwardStockOptionsValuationAssumptionsTableTextBlock
