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a. How far away is the hertion date? 1. The terminal, or horizon, date is the date when the growth rate becomes constant. This sccurs

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a. How far away is the hertion date? 1. The terminal, or horizon, date is the date when the growth rate becomes constant. This sccurs at the beginaing of Year 2. II. The terminal, or horizon, date is the cate when the growth rate becomes constant. This occurs at the end of Year 2. III. The terminal, or horizon, date is infinity since commen stocks do not have a maturity date. IV. The terminal, or hartzon, date is Year 0 unce the value of a common stock is the present value of at future expected dividends at time zero. v. The terminal, or hortzon, date is the cste ahen the growth rate becomes noreonstant. This occurs at time zero. b. What is the firmis tiorteon, or continuing, value? Do not round intemediate calculations, Round your anower to the nearest cent. E. What is the firm's intriasic velue today, P0> Do not round intermediate calciations. Round your answer to the nearest cent

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