Suppose that the firm recently pald a dividend $2.20. It expects to have nonconstant growth of 10% for 3 years and then a constant rate of 6% thereafter. The firm's required retum is 9%. The firm's horizon, or continuing, value is and its intrinsic value today is The firm's horizon, or continuing, value is and its intrinsic value today is Suppose that the firm recently paid a dividend $2.20. It expects to have nonconstar rate of 6% thereafter. The firm's required return is 9%. 10% for 3 years and then a constant \begin{tabular}{l|l|l|} \hline rate of 6% thereafter. The firm's required return is 9%, & $84.35 \\ \hline \end{tabular} The firm's horizon, or continuing, value is and its intrinsic value today is