Please help with this

Holt Enterprises recently paid a dividend, Do, of $3.00. It expects to have nonconstant growth of 12% for 2 years followed by a constant rate of 5% thereafter. The firm's required return is 8%. a. How far away is the horizon date? I. The terminal, or horizon, date is the date when the growth rate becomes 2 . II. The terminal, or horizon, date is the date when the growns 2. III. The terminal, or horizon, date is infinity since common stocks do not have a maturity date. zero. V. The terminal, or horizon, date is the date when the growth rate becomes nonconstant. This occurs at time zero