5165121505348363947115799deSaN-978130563975 Q Search this course NDTAP Check My Work (3 remaining) to read the eBook:Valuing Nonconstant Growth Stocks 17% for 2 years folowed by a constant rate of 6% thereafter. The firm's Hoit Emerpries recenty paid a dividend, . Of S325. It expects to have nonconstant growth o a How far away is the honizon | O|reared return is 11%. O Theta er hae the dnt when the gronth aete becomes censtant This ocurs at the segiening f Year 2 ttThe termi al, or horton, date is the date when the growth rate becomes constant mis occurs at the end of Year 2. I1. The terminal, or horizon, date is infinity since common stooks do not have a maturity date. IV. The berminal, or honizon, date is Year O since the value of a common stock is the present value of all future expected dividends at sime zero o V. The terminal, or horion, date is the date when the growth rane becomes nonconstant. This occurs at time zer b. What is the em's horizon, or continuing, value? Round your answer to two decimal places Do not round your inMermed ate calculstions e what is the firm's intrnse value today, Round your answer to two deona-aces. Do not mnd your intermedai aiuarons. Check My Work (3 remaining) Feasiblity Repo...pdt Final Feasbility.pd MacBook Pro 7 6 8