What stock price does this correspond? to

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Reference no: EM132001922

Suppose Amazon.com Inc. pays no dividends but spent $2.88 billion on share repurchases last year. If? Amazon's equity cost of capital is 7.8%?, and if the amount spent on repurchases is expected to grow by 6.1% per? year, estimate? Amazon's market capitalization. If Amazon has 457 million shares? outstanding, what stock price does this correspond? to?

Estimate? Amazon's market capitalization.

?Amazon's market capitalization is $ billion. ?(Round to two decimal? places.)

If Amazon has 457 million shares? outstanding, what stock price does this correspond? to? (Round to two decimal? places.)

Reference no: EM132001922

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