Answer:
Step-by-step explanation:
PV = CF/(r-g) *(1- ((1+g)/(1+r))^n)
CF - cash flow, $5*52
r - interest rate, 0.104
g - price growth rate, 0.044
n - 21 years
PV = $260/(0.104-0.044) (1- ((1+0.044)/(1+0.104))^21)
PV = 260/0.06 *(1- 0.309)
PV = 4333*0.691
PV = $2994
Z=1/4 that is the answer to this problem hope it helped
Wait is this the problem?
1 gram = 0.00220462 pound
Convert:
0.00220462 × 800 = 1.7637
800 grams = 1.7637 pounds
