Business, 18.12.2019 00:31 cxttiemsp021

Brushy mountain 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 4% per year. if d0 = $6 and rs = 14%, what is the estimated value of brushy mountain’s stock?

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Brushy mountain mining company’s coal reserves are being depleted, so its sales are falling. also, e...

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