HOR wth of 20% for 2 years followed by constantate of recently paid a dividend. Do, of $2.00. It expects to have noncons The Firm's regalred retum is 192 How we way is the horizon date? terminal, or horizon, date is infinity since common stocks do not have a matunti terminal, or horizon, date is Year since the value of a common stock is the prese value of luture expected dhulden The tertina, or horizon, date is the date when the growth rate becomes nonconstant TV terminal, or horizon, date is the date when the growth rate becomes constant. The cu ng of Year 24 V. The terminal, or horizon, date is the date when the growth rate becomes constant. This accurs at BYE 5. 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. Round your answer to the nearest ce