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Question: Martin's Yachts is expected to pay annual dividends of $1.40, $1.75, and $2.00 a share over the next three years, respectively. After that, the dividend is expected to remain constant. What is the current value per share at a discount rate of 14 percent? The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

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