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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

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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 7% per year. If Do - $5 and Ts -15%, what is the value of Maxwell Mining's stock? Round your answer to the nearest cent. required return is 15%, what is the A stock is expected to pay a dividend of $1.75 at the end of the year (ie, Di - 1.75), and it should continue to grow at a constant role of 7% a year. stock's expected price 1 year from today? Do not round intermediate calculations. Round your answer to the nearest cent. Computech Corporation is expanding rapidly and currently needs to retain all of its earnings; hence, it does not pay dividends. However, investors expect Computech to begin paying dividends, beginning with a dividend of $2.00 coming 3 years from today. The dividend should grow rapidly - at a rate of 48% per year during Years 4 and 5, but after Year 5. growth should be a constant 6% per year. If the required return on Computech is 18%, what is the value of the stock today? Do not round intermediate calculations. Round your answer to the nearest cent

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