Amazon has never paid a dividend, but in March 2018, the market value of its stock was
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Amazon has never paid a dividend, but in March 2018, the market value of its stock was greater than $760 billion. Does this invalidate the dividend discount model?
DividendA dividend is a distribution of a portion of company’s earnings, decided and managed by the company’s board of directors, and paid to the shareholders. Dividends are given on the shares. It is a token reward paid to the shareholders for their...
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No this does not invalidate the dividend discount model ...View the full answer
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Related Book For
Fundamentals of Corporate Finance
ISBN: 978-1260566093
10th edition
Authors: Richard Brealey, Stewart Myers, Alan Marcus
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