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You have determined that Amazon Corporation's free cash flows this year will be $2,250 million with future free cash flows growing at 5% per year.

You have determined that Amazon Corporation's free cash flows this year will be $2,250 million with future free cash flows growing at 5% per year. The company has nonoperating assets of $1,820 million and nonoperating liabilities of $4,752 million. The weighted average cost of capital is 8% and there are 557 million shares of common stock outstanding. What should be the value of the company's common stock? Present your answer to two decimal places (e.g., $20.00)

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