Nonconstant growth valuation

Assignment Help Financial Management

Reference no: EM13909412

Hart Enterprises recently paid a dividend, D0, of $2.75. It expects to have nonconstant growth of 12% for 2 years followed by a constant rate of 5% thereafter. The firm's required return is 15%.

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.

Reference no: EM13909412

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