Amazon has never paid a dividend, but in May 2021, the market value of its stock was

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Amazon has never paid a dividend, but in May 2021, the market value of its stock was greater than $1.6 trillion. Does this invalidate the dividend discount model?

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Fundamentals Of Corporate Finance

ISBN: 9781264101566

11th Edition

Authors: Richard A. Brealey, Stewart C. Myers, Alan J. Marcus

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Question Posted: Jan 04, 2023 03:06 AM

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Amazon has never paid a dividend, but in May 2021, the market value of its stock was

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No This does not invalidate the dividend discount model The dividend discount model ...View the full answer

Fundamentals Of Corporate Finance

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