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What is the present value of Amazon's stock if the company intends to pay a $2.65 per share dividend next year and commit to annual

What is the present value of Amazon's stock if the company intends to pay a $2.65 per share dividend next year and commit to annual dividend increases of 4.75%, with your required return on investment being 11%? Please provide your calculations, rounding the final answer to two decimal places.

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