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a. How far away is the herizen date? 1. The terminal, or horizon, date is the date when the geowh rate becomes constant. This occurs

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a. How far away is the herizen date? 1. The terminal, or horizon, date is the date when the geowh rate becomes constant. This occurs at the beginning of Year? 11. The terminal, of horiron, date is the dale when the growth cate becomes cotstant. This occurs at the end of Year 2. 11. The terminal, or horizon, date is irfinity since cemmon stecks do not have a maturity date. IV. The terminal, or horten, date is vear o since the value of a common stock is the preset value of all fure expected dividends at time rere. W. The terminal, or horicon, date is the date when the growit rate becomes nencensiant. This eccurs at time zero. b. What is the firmis hertion, or continuing. was? Do not rowins intermed ate cakculabions. Round vour answer to the nearest cent. $ 5

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