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Beginning at the end of this year Amazon plans to pay dividends $1, $2, and $3 over the next three years respectively. After three years,
Beginning at the end of this year Amazon plans to pay dividends $1, $2, and $3 over the next three years respectively. After three years, dividends are expected to grow perpetually at a 10% rate. What is the value of the stock if investors require a 16% return to purchase the stock
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