What is the value of a share of Henley Inc. to an investor who requires a 11 percent rate of return if Henley is expected to pay a fixed dividend of $1.10 for the next 3 years and
then the dividends will grow at a constant rate of 5% indefinitely

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 first dot plot best represents the data

plzplzplzplz mark brainliest and have a good day

step-by-step explanation:

i think something is missing in your question because y-1=(x-12) would not pass through the point (-4,-3). because if you replace x by -4 your are supposed to find y=-3 which is not the case her. if you replace x by -4 you find =-15.

i assume the right equation is y-1=1/4*(x-12) because this one is passing through both your points (if you are interested to know how i found that out i can tell you).

in this equation if i replace x by -4 i find y=-3 and if i replace x by 12, i find y=1 so the line representing this equation is passing through those 2 points.

then the standard form of the equation is finding an expression of y in function of x

y-1=1/4*(x-12)

y=x/4-3+1

y=x/4-2

hope that .

do you confirm there was a mistake in the question?