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Holt Enterprises recently paid a dividend of $2.75. It expects to have nonconstant growth of 18% for 2 years followed by a constant rate of

Holt Enterprises recently paid a dividend of $2.75. It expects to have nonconstant growth of 18% for 2 years followed by a constant rate of 6% thereafter. The firms required return is 12%

a)What is the firms horizon date?

b) what is the firms horizon, or continuing value?

c) what is the firms intrinsic value today, P_o?

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