= A mining compnay has one pit. It is getting deeper and more expensive to mine the further downin the pit they go. They expect profits to decline by 5% a period until they go out of business. If the required returnon the stock is 10% and they just paid a dividend of $1.50 (i.e., Do = 1.50). What is the price of this stock acording to the Gordon Dividend Discount Model? A. $9.50 B. $31.50 C. None of the answers listed here. O D. $15.00