Holt Enterprises recently paid a dividend of $2.75. It expects to have nonconstant growth of 18% for 2 years followed by a constant rate of 6% therafter. The firm's required return in 12%.How far away is the horizon date?What is the firm's horizon, or continuing, value?What is the firm's intrinsic value today?
Holt Enterprises recently paid a dividend of $2.75. It expects to have nonconstant growth of 18% for 2 years followed by a constant rate of 6% therafter. The firm's required return in 12%.
How far away is the horizon date?
What is the firm's horizon, or continuing, value?
What is the firm's intrinsic value today?
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