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What is the firm's horizon, continuing, value? Show the steps. 9-4 NONCONSTANT GROWTH VALUATION Hart Enterprises recently paid a dividend, Do, of $1.25. It expects

What is the firm's horizon, continuing, value?

Show the steps.

9-4 NONCONSTANT GROWTH VALUATION Hart Enterprises recently paid a dividend, Do, of $1.25. It expects to have nonconstant growth of 20% for 2 years followed by a constant rate of 5% thereafter. The firm's required return is 10%

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