Westsyde tool company is expected to pay a dividend of $2 in the upcoming year. the risk-free rate of return is 6%, and the expected return on the market portfolio is 12%. analysts expect the price of westsyde tool company shares to be $29 a year from now. the beta of westsyde tool company's stock is 1.2. using a one-period valuation model, the intrinsic value of westsyde tool company stock today is

Suppose life expectancy in years (l) is a function of two inputs, health expenditures (h) and nutrition expenditures (n) in hundreds of dollars per year. the production function is upper l equals ch superscript 0.40 baseline upper n superscript 0.60l=ch0.40n0.60. beginning with c = 1, a health input of $400400 per year (hequals=44) and a nutrition input of $400400 per year (nequals=44), show that the marginal product of health expenditures and the marginal product of nutrition expenditures are both decreasing. the marginal product of health expenditures when h goes from 44 to 55 is nothing, and the marginal product of health when h goes from 66 to 77 is nothing. (round your answers to three decimal places.)