Holt Enterprises recently paid a dividend, De, of $2.00. It expects to have nonconstant growth of 22% for 2 years followed by a constant rate of required return is 17%. thereafter. The firm's a. How far away is the horizon date? 1. The terminal, or horizon, date is the date when the growth rate becomes constant. This occurs at the beginning of Year 2 II. The terminal, or horizon, date is the date when the growth rate becomes constant. This occurs at the end of Year 2 III. The terminal, or horizon, date is infinity since common stocks do not have a maturity date. TV. The terminal, or horizon, date is Year since the value of a common stock is the present value of all future expected dividends at time zero V. The terminal, or horizon, date is the date when the growth rate becomes non constant. This occurs at time roro b. What is the firm's horizon, or continuing, value? Do not round intermediate calculations. Round your answer to the nearest cent. c. What is the firm's intrinsic value today, Po? Do not round intermediate calculations, Hound your answer to the nearest cent