Holt Enterprises recently paid a dividend, D0, of $2.25. It expects to have nonconstant growth of 21% for 2 years followed by a constant rate of 9% thereafter. The firm's required return is 16%.

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.

$________