Hart Enterprises recently paid a dividend of $$4\mathrm{.}90.$ It expects to have nonconstant growth of $54\mathrm{.}00\%$ for $3$ years followed by a constant rate of $8\mathrm{.}90\%$ thereafter. The firm's required return is $13\mathrm{.}90\%.$

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

b$.$ What is the intrinsic value today?

a$)$ $$389\mathrm{.}777$; b$)$ $$291\mathrm{.}476$

a$)$ $$394\mathrm{.}677$; b$)$ $$291\mathrm{.}476$

a$)$ $$394\mathrm{.}677$; b$)$ $$407\mathrm{.}673$

a$)$ $$389\mathrm{.}777$;

b$)$ $$407\mathrm{.}673$