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Hart Enterprises recently paid a dividend, D0, of $4.00. It expects to have nonconstant growth of 23% for 2 years followed by a constant rate
Hart Enterprises recently paid a dividend, D0, of $4.00. It expects to have nonconstant growth of 23% for 2 years followed by a constant rate of 5% thereafter. The firm's required return is 19%. What is the firm's horizon, or continuing, value? Round your answer to two decimal places. $ What is the firm's intrinsic value today, P0? Round your answer to two decimal places.
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