Given the level of risk, you require an 18% return on shares in Amazon.com. No dividends will

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Given the level of risk, you require an 18% return on shares in Amazon.com. No dividends will be paid out for 5 years. What is the lowest price you could sell them at in 4 years’ time, if you bought them for $14 a share today.

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Corporate Finance Theory And Practice

ISBN: 9780470721926

2nd Edition

Authors: Pierre Vernimmen, Pascal Quiry

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