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sis Alempts Keep the Histo/10 2. Problem 0.04 (Nonconstant Growth Valuation) eBook Problem Walk Through Holt Enterprises recently paid a dividend, Du of $2.25. It

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sis Alempts Keep the Histo/10 2. Problem 0.04 (Nonconstant Growth Valuation) eBook Problem Walk Through Holt Enterprises recently paid a dividend, Du of $2.25. It expeds to have no constant growth of 129. for 2 years followed by a constant rate of 10% thereafter. The firm's required return is 16%. a. How far away is the horizon date? 1. The terminal, or horizon, date in Year since the value of a common stock in the present value of a future expected dividends at time zero 11. The terminal, or horizon, date is the date when the growth rate becomes no constant. This occurs at time zero II. The terminal, or horizon date is the date when the growth rate becomes constant. This occurs at the beginning of Year 2 TV, The terminal, or horizon, date is the date when the growth rate becomes constant. This occurs at the end of Year 2. V. The terminal, or horizon, date is infinity since common stocks do not have a maturity date. -Select- b. 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'a intrinsice value today, Po ? Do not round intermediate calculations. Round your answer to the nearest cant. $

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