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Hart Enterprises recently paid a dividend, D0, of $2.75. It expects to have nonconstant growth of 24% for 2 years followed by a constant rate of 9% thereafter. The firm's required return is 10%.

What is the firm's horizon, or continuing, value? Round your answer to two decimal places.

$

What is the firm's intrinsic value today, P0? Round your answer to two decimal places.

$

Financial Management, Finance

  • Category:- Financial Management
  • Reference No.:- M91779744

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