You are discussing buying stocks with a friend and mention that you want to buy a few

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You are discussing buying stocks with a friend and mention that you want to buy a few shares of Amazon stock. Your friend says that’s a terrible idea because Amazon has never paid dividends to its shareholders, so you would never receive any of Amazon’s profits or make any money off the stock. Is your friend right or wrong? Explain your answer.

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Principles Of Economics

ISBN: 9781319330156,9781319419769

2nd Edition

Authors: Betsey Stevenson, Justin Wolfers

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