Enterprises recently paid a dividend, 0 , of $1.25. It expects to have nonconstant growth of 13% for 2 yeaps followed by a constant rate of 6% thereafter. The firm s required turn is 9\%. a. How tar away is the horizon date? 1. The terminal, or horizon, date is the date when the growth rate becomes nonconstant. This occurs at time zero. 11. The terminat, or horizon, date is the date when the growth rate becomes constant. This occurs at the peginning of Year 2. III. The terminal, or horizon, date is the date when the growth rate becomes constant. This occurs at the end of Year 2. IV. The terminal, or horizon, date is infinity since common stocks do not have a maturity date. V. The terminal, or horizon, date is Year 0 since the value of a common stock is the present value of all future expected dividends at time zero. b. What is the firm's horizon, or continuing, value? Do not round intermediate calculations, Round your answer to the nearest cent. $ c. What is the firms intrinsic value todsy, P^0>00 not round intermediste calculstions, Round your answer to the nearest cent