Hit Enterprises recently paid a dividend, D. of $2.25. It expects to have no constant growth of 13% for 2 years followed by a constant rate of 5% thereafter. The firm's required retum is 19% a. How far away is the horizon date? 1. The terminal, or honon, dat is the date when the growth rate becomes non constant. This occurs at time zero. 11. The terminal, or honon, dat is the date when the growth rate becomes constant. This occurs at the beginning of Year 2 III. The terminal, or horizon, date is the date when the growth rate becomes constant. This occurs at the end of Year 2 IV. The terminal, or horizon date & infinity since common stocks do not have a matunty date. The terminal, or borzon, date Year since the value of a common stock is the present value of all future expected dividende at time rero. 1. What is the firm's Hanzon, or continuing, wlue? Do not round intermediate calculations, Round your answer to the nearestent What is the firm's intrinsic value today, Po? Do not round intermediate calculations, Round your armwer to the nearest cont