Question: Please work out: Hart Enterprises recently paid a…

Please work out: Hart Enterprises recently paid a dividend, D0, of $3.00. It expects to have no constant growth of 17% for 2 years followed by a constant rate of 5% thereafter. The firm’s required return is 20%.

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.