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Hart Enterprises recently paid a dividend of $4.20. It expects to have nonconstant growth of 47.00% for 3 years followed by a constant rate of

Hart Enterprises recently paid a dividend of $4.20. It expects to have nonconstant growth of 47.00% for 3 years followed by a constant rate of 8.20% thereafter. The firm's required return is 13.20%.

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

b. What is the intrinsic value today?

Question 3 options:

a)$292.908; b)$302.049

a)$288.708; b)$302.049

a)$292.908; b)$220.764

a)$288.708; b)$220.764

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