Question: 10 points Save Answer ABC Mining Company's coal reserves are being depleted, so its sales are falling. Also, environmental costs increase each year, so its

10 points Save Answer ABC Mining Company's coal reserves are being depleted, so its sales are falling. Also, environmental costs increase each year, so its costs are rising. As a result, the company's earnings and dividends are declining at the constant rate of 6% per year. If the current dividend is $5 and the expected rate of return is 14%, what is the estimated value of ABC Mining's stock

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