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Firm’s Horizon, or Continuing, Value Assignment | Homework For You

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May 28th, 2020

Holt Enterprises recently paid a dividend, D0, of $1.25. It expects to have nonconstant growth of 13% for 2 years followed by a constant rate of 7% thereafter. The firm’s required return is 19%.

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What is the firm’s horizon, or continuing, value? Do not round intermediate calculations. Round your answer to the nearest cent.Get Finance homework help todayHomework For You

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