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2. Holt Enterprises recently paid a dividend, DO of $3.50. It expects to have nonconstant growth of 12% for 2 years followed by a constant
2. Holt Enterprises recently paid a dividend, DO of $3.50. It expects to have nonconstant growth of 12% for 2 years followed by a constant rate of 7% thereafter. The firm's required return is 18%. a. how far away is the horizon date? b.What is the firm's horizon, or continuing, value? Do not round intermediate calculations. Round your answer to the nearest cent. c. What is the firm's intrinsic value today, answer to the nearest cent
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