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Super Light Battery will pay an annual dividend of $2.60 a share on its common stock next year. Today, the company paid a dividend of

Super Light Battery will pay an annual dividend of $2.60 a share on its common stock next year. Today, the company paid a dividend of $2.50 a share. The company adheres to a constant rate of growth dividend policy (Hint: use the dividend growth from current year dividend to next year dividend). What will one share of Super Light Batterys common stock be worth ten years from now if the applicable discount rate is 11%?

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