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You have been following Amazon stock over the past year. The growth rate in earnings is 8.0% The expected rate of return is 12.88% There
You have been following Amazon stock over the past year. The growth rate in earnings is 8.0% The expected rate of return is 12.88% There is a current dividend of $2.15 What do you expect the price of Amazon to be 2 years from today? In other words, determine P2 a. Price at Year 2 (P2) = $45.55 b. Price at Year 2 (P2) = $65.50 C. Price at Year 2 (P2) = $55.50 O d. Price at Year 2 (P2) = $47.58
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