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How tar away is the horizon date?: 1. The terminal, of horizon, date is the date when the growth rate becomes nonconstant. This occurs at

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How tar away is the horizon date?: 1. The terminal, of horizon, date is the date when the growth rate becomes nonconstant. This occurs at time cero. 14. The terminal, of horizon, date it the date when the growth rate becomes constant. This occurs at the beginning of Year 2. III. The terninal, or horizoa, date is the date when the growth rate becomes constant. This occurs at the end of rear 2 . IV. The teminal, or hotron, date is infinlay since commen stocks do not have a maturity date. v. The terminal, of hotizon, date is Year o since the value of a common stock is the present value of all future expected dividends at time zera. What is the firm's horizon, or continuing. value? Do not round intermediate calculstions, Found your answer to the nearest cent. What is thie firm's intrinsle value today, P^0> Do not round intermediate calculations. Round your anower to the nearest cent

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