Business, 17.12.2019 03:31, hamada11617

Suppose amazon inc. pays no dividends but spent $ 2.95 billion on share repurchases last year. if amazon's equity cost of capital is 7.6 %, and if the amount spent on repurchases is expected to grow by 6.4 % per year, estimate amazon's market capitalization. if amazon has 428 million shares outstanding, what stock price does this correspond to?

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Suppose amazon inc. pays no dividends but spent $ 2.95 billion on share repurchases last year. if am...