tequired return is 18%. a. how far away is the horuton date? 1. The terminal, or horizon, date is the date when the growth rate becomes nonconstant. This occurs at bme zero.: 11. The terminal, or horizon, date is the date when the growth rate becomes constant. Thes occuis at the begirumg of Year ? III. The terminat, or Donzon, date is the date when the orowth rate becones constant. This occurs at ihe end of Year 2. IV. The terminal, or horzon, date is infinaty since corruson stocks do not have a matiany dote. V. The termanal, or horzon, date is Year o since the value of a common stock is the present value of all future expected divideads at tinie zero: b. What is the firm's hectzon, or continuing, value? Do not round intermediate calculations. Round your answer to the nearest cont. $ E. What is the firmis introsic value today, P^0 ? Do not round entermediste calculations, found yeur arwwer to the nearest cent