a. How taraway is the horizon dote? 1. The terminal, or horiasry, date is Year 0 since the value of a common stock is the peesent value of all fubure expected avidends at ame anro. 11. The terminal, or horteon, date is the cate ahen the growth rate becomes noncocistant, This occurs at time rero. Bt. The teminal, or horiaon, date is the date when the growth rate becomes constank, this occurs at the begitning ef vear 2 . IV. The terminal, or harian, date in the cate when the grueth rate becomes constant. This occurs at the end of Year 2. V. the ferminal, or hortroh, date is infinity snce common stock do not have a maturity dote. b. What is the firmis horizon, or centining. value? Do not round intermed ate cakculations. fosund your answer to the nearect cent. c. What is the firnis intrinaic value today, Pe ? be not found interemediate caloulations. pound yeur afsaer to the nearest cene