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Question 7 1 pts Jordan Mining ore reserves are being depleted, its sales are falling, and its costs are rising. The company's earnings and dividends
Question 7 1 pts Jordan Mining ore reserves are being depleted, its sales are falling, and its costs are rising. The company's earnings and dividends are declining at the constant rate of 3% per year. If the current dividend (Do) is $2 and the required rate of return is 12%, what is the value of Jordan's stock? $11.73 O$12.93 O $13.33 $22.89
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