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Holt Enterprises recently paid a dividend of $2.50. It expects to have nonconstant growth of 17% for 2 years followed by a constant rate of

Holt Enterprises recently paid a dividend of $2.50. It expects to have nonconstant growth of 17% 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.

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