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Amazon is currently not paying any dividends. 4 years from today it is going to start to pay its first annual dividend of $2. Dividends

  1. Amazon is currently not paying any dividends. 4 years from today it is going to start to pay its first annual dividend of $2. Dividends will then grow at 5% per year and investors have a required rate of return 10%. What is the share price of Amazon today? Show all calculations.

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