Module 4 Homework Assignment: Module 4 Homework Search Questions Problem 9.01 (Nonconstant Growth Valuation) Som genere 9. O 10. 11. 12. 13 eBook Problem Walk-Through Holt Enterprises recently paid a dividend, Do. of $3.25. It expects to have no constant growth of 14% for 2 years followed by a constart rate of theater. The firm's required return a. How far away is the horizon date? 1. The terminal, or horizon, date is the date when the growth rate becomes constant. This occurs at the end of Year 2. 11. The terminal, or horizon, date is infinity since common stocks do not have a maturity date. III. The terminal, or horizon, date is Year O since the value of a common stock is the present value of all future expected dividends at timesero IV. The terminal, or horizon, date is the date when the growth rate becomes renconstant. This occurs at time sero. V. The terminal, or horizon, date is the date when the growth rate becomes constant. This cours at the beginning of Year 2. 14. 15. 16. O O O O O O O 17. -Select- 18 b. What is the firm's horizon, or continuing, value? Do not round intermediate calculations. Round your answer to the nearest cent. 19 culations. Round your answer to the nearest cert. 20 c. What is the firm's intrinsic value today, P. Do not round Intermediate Icon Key Problem 9.61 (Nonconstant Growth Valuation) C