I want to determine if $f(t,y)=\frac{|y|}{t}, t \in [-1,1]$ is Lipschitz continuous.
I have tried the following:
$\frac{|f(t,y_1)-f(t,y_2)|}{|y_1-y_2|}=\frac{\frac{|y_1|}{t}-\frac{|y_2|}{t}}{|y_1-y_2|}=\frac{|y_1|-|y_2|}{t|y_1-y_2|} \overset{t \geq -1}{ \leq}- \frac{|y_1|-|y_2|}{|y_1-y_2|}=\frac{|y_2|-|y_1|}{|y_1-y_2|} \leq 1$.
So $f$ is Lipschitz continuous and the Lipschitz constant is equal to $1$.
Am I right?