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Amazon corporation is anticipating a non-normal dividend growth pattern over the next three years. The first-year growth rate is expected to be 10%, then 20%,
Amazon corporation is anticipating a non-normal dividend growth pattern over the next three years. The first-year growth rate is expected to be 10%, then 20%, and then 25% followed by growth of 5% after that. If the most recent dividend paid was $0.25. Investors agree that a fitting discount rate is 12%; what is the price of the stock today?
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