Martell Mining Inc.'s ore reserves are being depleted, so its sales are falling. Also, its pit is getting deeper cach year, so its costs are rising As a result the company's earnings and dividends are declining at a constant rate of 5.13% cach yeat. If the company just paid a dividend of 87.12 and if R-12.04%, what is the value of its stock? 1.$39.34 02510832 3.$1.00 4 $103.04