Maxwell mining company's 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 company's earnings and dividends are declining at the constant rate of 5% per year. if d0 = $4 and rs = 13%, what is the value of maxwell mining's stock? round your answer to the nearest cent.

$21.11

Explanation:

Given that,

Current dividend, D0 = $4

Rate of return, rs = 13%

Here,

Current price of the stock =

Growth rate, g = 5%

               = $21.11

Therefore, the value of stock is $21.11

correct, but each time you dont pay the price of the penalty can increase.

it's actually a very difficult task, due to not many people can make 2 million dollars in 2 years. besides that, to the not-so-realistic ideas, you can create a business. it could be practically anything, but make it into a business that isn't that known yet, you get me? also, lets not forget about stock market. that's where all the good stuff happens. use investments at the beginning and begin to raise up your business or whatever you're going to do. as this is a very non-realistic idea, it's still worth the shot!