VALUATION OF A DECLINING GROWTH STOCK Maxwell Mining Company s ore reserves are being depleted, so its
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VALUATION OF A DECLINING GROWTH STOCK Maxwell Mining Companys ore reserves are being
depleted, so its sales are falling. Also, because its pit is getting deeper each year, its costs are rising. As a
result, the companys earnings and dividends are declining at the constant rate of per year. If D$
and rs what is the value of Maxwell Minings stock?
Please show all math.
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