5. Problem 9.04 (Nonconstant Growth Valuation) elbook Problem Walk Through Hot Enterprises recently paid a dividend, Ds, of $1.00. It expects to have no constant growth of 12 for 2 years followed by a constant rate of thereafter. The form's required return is 10% How far the honton date? 1. The terminal, or horison, dat is the date when the growth rate becomes cortant This occurs at the beginning of Year 2 II. The terminal, or horen dates the date when the growth rate becomes constant. This occurs at the end of Year 11. The terminal, or horizon date winty une como vocks do not have a matunty data IV The terminohoto date Your Once the value of a common Mock is the rest value of our expecte dende at timerer V. The term or horizon, dat is the date when there becomes no constant, This occurs attreze. 6. What is the horizon, or continuing Value? Do not found intermediate calculation Round your answer to the ocent $ What is the firms intre today PoDo not round intermediate carloslations. Wound your answer to the nearest cent 5. Problem 9.04 (Monconstant Growth Valuation) ctlook Problem Walk Through Moh Enterpmes recently paid a dividend, Os of $4.00. It expects to have no constant growth of 12% for 2 years followed by a constant rate of swi thereafter. The firm's pocuired return is 15% 1. How far away is the horizon date? The terminal, or horizon, date the date when the growth rate becomes constant. This occurs at the beginning of Year 2 11. The terminal, or honon, dat is the date when the growth rate becomes constant. This occurs at the end of Year The terminal, or horen, dat is infinity since common stod do not have a maturity date I The terminal, or hortion dates ar since the value of a common stock is the present value of at batuare expected dividends attome. V. The terminal, or honron, vote is the date when the growth rate becomes non constant. This occurs attinezer What is the honor cotinuing value? Do cor round intermediate calculation Round your answer to the east 5 What is the intrine value today? Do not round informitate colevation found your answer to the nearest centi