a. How far away is the horizon eate? 1. The teminal, or hargon, date is the date when the growth rate becomes constant. This occurs at the beginning of Year 2. 11. The terminal, or harizon, date is the date when the growth rate becomes constant, This oceurs at the end of Year 2. III. The terminal, or horizen, date is infinity since common stocks do not have a maturity date. IV. The term al, of heriash, date is Year 0 since the value of a common stock is the sresent value of ail future expected dividends at time rero. V. The teminal, or horizon, date is the date when the growth rate becemes nonconstant, This occurs at timie zero. b. What is the fim's norizon, of continuifig. value? Do not round intermediate cakculations. Alound year answer to the nearest cent e. What is the firm's intinsic value teday. Pe 1 De not round intermediate calculations, Hound your ackwer to the nearest cent. 4