a. How far away is the horizon date? L. The terminal, or horizon, date is the date when the growth rate becomes constant. This occurs at the end of Year 2. If. The terminal, or horion, date is infinity shice common stocks do not have a maturity date. III. The terminal, or horizon, date is Yesr 0 since the value of a common stock is the present value of alt future expected dividends at time zero. W. The terminal, of horiron, date is the date whan the growh rate becomes nonconstant. This occurs at time rero. Q. The terminal, or horizony dse is the dote wiven the gromth rate becemes consaant. This occurs at the beginning of Year 2. b. What is the firm's heridon, or continuing, value? Do not round insermediate caculatiens. Aound rour an3eer bo the neare it cent. 1 c. What is the firm's intrinsic vakue today, P67 Da not round intermedute calculations. Round your ansner to the nearest cent. s