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Holt Enterprises recently paid a dividend, D0, of $1.25. It expects to have nonconstant growth of 22% for 2 years followed by a constant rate

Holt Enterprises recently paid a dividend, D0, of $1.25. It expects to have nonconstant growth of 22% for 2 years followed by a constant rate of 4% thereafter. The firm's required return is 11%.

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, ? Do not round intermediate calculations. Round your answer to the nearest cent

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