Hart Enterprises recently paid a dividend of $$3\mathrm{.}50.$ It expects to have nonconstant growth of $40\mathrm{.}00\%$ for $3$ years followed by a constant rate of $7\mathrm{.}50\%$ thereafter.The firm's required return is $12\mathrm{.}50\%.$

a$.$ What is the horizon, or continuing, value?

b$.$ What is the intrinsic value today?

a$)$ $$209\mathrm{.}986$; b$)$ $$161\mathrm{.}543$

a$)$ $$206\mathrm{.}486$; b$)$ $$161\mathrm{.}543$

a$)$ $$209\mathrm{.}986$; b$)$ $$216\mathrm{.}090$

a$)$ $$206\mathrm{.}486$; b$)$ $$216\mathrm{.}090$