eBook Problem Walk Through Holt Enterprises recently paid a dividend, Do, of $3.50. It expects to have nonconstant growth of 12% for 2 years followed by a constant rate of 6% thereafter . The firm's required return is 10% a. How far away is the horizon date? 1. The terminal, or horizon, date is Year since the value of a common stock is the present value of all future expected dividends at time zero II. The terminal, or horizon, dat is the date when the growth rate becomes nonconstant. This occurs at time zero. 111. The terminal, or hottron, date is the date when the growth rate becomes constant. This occurs at the beginning of Year 2 IV. The terminal, or horizon, date is the date when the growth rate becomes constant. This occurs at the end of your V. The terminal, or horizon, dat is Infinity since common stocks do not have a maturity date Select . What is the firm's horton, of continuino, value? Do not round Intermediate calculations. Round your answer to the nearest $ What is the he's intrinske volion today. Part round intermediate calculations. Round your wwwer to that comest cent