hok Enterprises recently paid a dvidens, Dw, of 52.75 . It expects to hwe nonconstant growth of 12% for 2 years folowed by a constant cate of toss thereafter. The firm's requined return is 20%. a. How far awsy is the horison date? II. The terminal, or horizon, date is infinity since common stocks de not bave a maturty date. 1i. The terminal, or herzzen, Cate is Year o since the value of a common stock is the present value of all fuhyre expected divibends at tame tero. TV The terminal, or horiaph, date is the date when the growth rate becomes nonconstant. This occurs at time zero. v. The terminat, or horzon, date is the date when the grouth rate becomes coostant. This occurs at the beginning of Year 2. B. Whut is the firm's turawon, or continuing, value? Do not round intermediage cwculatans, hound your answer to the nearest cent. is. 2. What is the fint'i inthitic value today, P^. 3 Do not round intermediute caloulations. Round your answer to the nearest cent