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Misty Mountai Misty Mountain Top's (MMT) coal reserves are being depleted. MMT's annual dividend has been declining at a rate of 10% per year. If

Misty Mountai Misty Mountain Top's (MMT) coal reserves are being depleted. MMT's annual dividend has been declining at a rate of 10% per year. If the dividend paid last week was $5 and your required return is 15%, what would you pay for a share of MMT stock? n Top's (MMT) coal reserves are being depleted. MMT's annual dividend has been declining at a rate of 10% per year. If the dividend paid last week was $5 and your required return is 15%, what would you pay for a share of MMT stock?

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