Problem 9.10 (Valuation of a Declining Growth Stock) OOO Save O-Icon Key Submit Assignment for Gradin Question 10 of 24 eBook Problem Walk-Through 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 4% per year. If Do $4 and rs = 12%, what is the value of Maxwell Mining's stock? Round your answer to the nearest cent. Check My Work Check My Work brande