Holt enterprises recently paid a dividend of 275 it expects


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% thereafter. The firm’s required return is 12%?

What is the firm’s horizon value? What is the firm’s intrinsic value today?

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Financial Management: Holt enterprises recently paid a dividend of 275 it expects
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