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Helt Enterprises recentfy paid a Eividend, Dow of 53.75 . It expects to have nonconstant growth of 20% for 2 years followed br a constant

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Helt Enterprises recentfy paid a Eividend, Dow of 53.75 . It expects to have nonconstant growth of 20% for 2 years followed br a constant rate of 10% thereiter. The firm's requited return is 206. 3. How tar away is the horizot date? 1. The terminal, or horizon, date is Year o since the value of a common stock is the present value of all future expected dividends at time tero. II. The terminol, or bariran, dote is the dase when the growth rate bocomes nonconstant. This occurs at time zero. iII. The terminal, of hartasi, date is the date when the growth rate becomes constant. This occurs at the beginning of Year 2. F. the termival, or horizon, dase is the date when the growth rate becenes canstant. This occurs at the end of Year 2. Q. The terminal, or horison, date is infinity since common stock do not bove a maturity date. b. What ia the E.m'n's horison, of continuing. valuet Do not round intermediate calculations, found your anwwer to the nearest cent. c. What is the firm's intrinsic value today, P^6>00 not round intermesate calculations. Round your answer to the nearevt cent

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