firma's requiled return is 13%. a. How far away is the horizon date? 1. The terminal, or horizon, date is the date when the growth rate becomes nenconstinc Thel pocurs at time zerme II. The terminal, or horizon, date is the date when the prowth rate becoetins constant. This occura at the begining of year 2 . III. The terminal, or herizon, date is the date when the orowth rate becomes convant piss occurs at the and of rar 2. TV. The terminal, or horian, date is infinity since cernmon stocks do not hive if roturity dase. v. The terminal, of horizon, date is Year 0 since the value of a conmor stpec is thy presnnt value of all future expectes dividends at time zers. 5