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Question 10 5 pts Suppose this year Amazon's common stock gave $1.3 dividend this year. The company announced that its future dividends will be growing

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Question 10 5 pts Suppose this year Amazon's common stock gave $1.3 dividend this year. The company announced that its future dividends will be growing by 4% annually for the foreseeable future. If you require a 7% return on your investment, how much are you willing to pay for the stock? (Round your answer to 2 decimal point)

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