Answer:
0.00274725….
Hope this helps!
96 divided by 24 is 4. The unit rate is 4/1. 4 represents raisins, and the 1 represents the cashew.
Since there is one value of y for every value of x this is both a relation and a function
Answer:
Value of Henley Inc.'s share is $16.76
Step-by-step explanation:
The present value of the dividends over for the three years and the terminal value of the dividends would give us a fair share price that an investor would pay
Year 1 PV of dividends=$1.10/(1+11%)^1=$0.99
Year 2 PV of dividends=$1.10/(1+11%)^2=$0.89
Year 3 PV of dividends=$1.10/(1+11%)^3=$0.80
The terminal value formula=dividend*(1+g)/(r-g)
g is the dividend growth rate of 5%
r is the investor's required rate of return which is 11%
terminal value=$1.10*(1+5%)/(11%-5%)=$19.25
The terminal is discounted to present value using the discount factor of year 3
PV of terminal value =$19.25
/(1+11%)^3=$ 14.08
Total present values=$0.99+$0.89+$0.80+$14.08 =$16.76
The answer is 3 21/100.
Hopes it Helps :]
