0 10. 11. cilook . Problem Walk Through Holt Enterprises recently paid a dividend. De of $3.50. It expects to have no constant growth of 17% for 2 years followed by a constant rate of 6% thereafter. The form required retumis 1946 1. How far away is the horizon date? 1. The terminal, or horuron, date is Year since the value of a common stock 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 nonconstant. This occurs at time zero 11. The terminal, or horizon, date is the date when the growth rate becomes constant. This occurs at the beginning of Year 2. IV. The terminal , or honzon, date vs the Late when the growth rate becomes constant. This occurs at the end of Year 2. V. The terminal, or horizon, dates infinity since common stocks do not have a maturity date. 13. 14 15 6. What is the firm's horson, or continuing, volue? Do not round intermediate calculations, Round your answer to the nearest cont 5 c. What is the firm's intrinsic value today, PoDo not round intermediate calculntions. Round your answer to the nearest cont, 5 Check My Work