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Amazon does not pay a dividend and has a poor record of profitability over the past decade. Explain from a finance viewpoint how the company
Amazon does not pay a dividend and has a poor record of profitability over the past decade. Explain from a finance viewpoint how the company is worth over $1 trillion if it pays no dividends? Discuss whether you think that valuation is justified. Illustrate your answer with fast growing technology companies in a similar situation in the past.
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