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Please show all work for calculations. Thanks you Suppose Amazon.com Inc. pays no dividends but spent $3.02 billion on share repurchases last year. If Amazon's
Please show all work for calculations. Thanks you
Suppose Amazon.com Inc. pays no dividends but spent $3.02 billion on share repurchases last year. If Amazon's equity cost of capital is 8.3%, and if the amount spent on repurchases is expected to grow by 6.4% per year, estimate Amazon's market capitalization. If Amazon has 445 million shares outstanding, what stock price does this correspond to? Estimate Amazon's market capitalization. Amazon's market capitalization is If Amazon has 445 million shares outstanding, what stock price does this correspond to? The stock price per share isStep by Step Solution
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