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Holt Enterprises recently paid a dividend, D 0 , of $ 3 . 7 5 . It expects to have nonconstant growth of 1 6

Holt Enterprises recently paid a dividend, D0, of $3.75. It expects to have nonconstant growth of 16% for 2 years followed by a constant rate of 6% thereafter. The firm's required return is 8%What is the firm's horizon, or continuing, value? Do not round intermediate calculations. Round your answer to the nearest cent. What is the firm's intrinsic value today,

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