What is the value of mccue minings stock


Mccue mining company ore reserves are being depleted, so the firms sales are falling. In addition, its pit is getting deeper each year, so its cost are rising. as a result, the company's earnings and dividends are decling at the constant rate of 5% per year. IF D 0 = 5 and Rs=15%, what is the value of Mccue Minings stock?

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Finance Basics: What is the value of mccue minings stock
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