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Hart Enterprises recently paid a dividend, D0, of $2. It expects to have nonconstant growth of 20% for 2 years followed by a constant rate

Hart Enterprises recently paid a dividend, D0, of $2. It expects to have nonconstant growth of 20% for 2 years followed by a constant rate of 5% thereafter. The firms required return is 10%. (a) How far away is the horizon date? (b) What is the firms horizon, or continuing, value? (c) What is the firms intrinsic value today, P0?

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