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7. Non-constant Dividends. Clutha River Boats is expected to pay the following dividends over the next four years: $7, $13, $18 and $3.25. Afterwards, the

7. Non-constant Dividends. Clutha River Boats is expected to pay the following dividends over the next four years: $7, $13, $18 and $3.25. Afterwards, the company pledges to maintain a constant 5% gro...

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