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Holt Entes recently paid a dividend, D. of $3.50. TT expect to have ancortant growth of 1 for 2 years followed by constate of 45

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Holt Entes recently paid a dividend, D. of $3.50. TT expect to have ancortant growth of 1 for 2 years followed by constate of 45 thereater the firm's reared returns a. How may the horizon date > I. The tem, or honor, date the date when the growth rate becomes constant. This cours at the beginning of Year 2. 11 Theme or bor, date is the date when the growth bene constant. This cours at the end of Year 2 1. The terminal, o horizon, dat is infinity since common stocks do not have a murity dato TV. The terminalo horizontes Yes the value of a common stock as the present value of all future expected dividends at time V. The terminator honzon, dat is the date when the growth rate become ancora. This occurs at timerera b. What is the farm's horizon, or continuing value) Do not round intermediate calculations Red your own to the newest What is the firm's wine walut today Po Do not round intermediate calculations. Round your answer to the nearest cent

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