Suppose this year Amazon’s common stock gave $1.1 dividend this year. The company announced that its future dividends will be growing by 4% annually for the foreseeable future. If you require a 6% return on your investment, how much are you willing to pay for the stock? (Round your answer to 2 decimal points

Answer rating: 100% (QA)

To calculate the value of the stock we can use the divi... View the full answer