Holt Enterprises recently paid a dividend, D 0 , of $ 3 . 5 0 . It
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Question:
Holt Enterprises recently paid a dividend, D of $ It expects to have nonconstant growth of for years followed by a constant rate of thereafter. The firm's required return is
What is the firm's horizon, or continuing, value? Do not round intermediate calculations. Round your answer to the nearest cent.
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