. Consider the case of Portman Industries: Portman Industries just paid a dividend of $2.40 per...

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. Consider the case of Portman Industries: Portman Industries just paid a dividend of $2.40 per share. The company expects the coming year to be very profitable, and its dividend is expected to grow by 12.00% over the next year. After the next year, though, Portman's dividend is expected to grow at a constant rate of 2.40% per year. Assuming that the market is in equilibrium, use the information just given to complete the table. Term D Dividends one year from now (D) Horizon value (P1) Intrinsic value of Portman's stock Value $2.69 $39.51 The risk-free rate (TRF) is 3.00%, the market risk premium (RPM) is 3.60%, and Portman's beta is 1.10. What is the expected dividend yield for Portman's stock today? 4.46% 3.66% 4.57% O 4.77% . Consider the case of Portman Industries: Portman Industries just paid a dividend of $2.40 per share. The company expects the coming year to be very profitable, and its dividend is expected to grow by 12.00% over the next year. After the next year, though, Portman's dividend is expected to grow at a constant rate of 2.40% per year. Assuming that the market is in equilibrium, use the information just given to complete the table. Term D Dividends one year from now (D) Horizon value (P1) Intrinsic value of Portman's stock Value $2.69 $39.51 The risk-free rate (TRF) is 3.00%, the market risk premium (RPM) is 3.60%, and Portman's beta is 1.10. What is the expected dividend yield for Portman's stock today? 4.46% 3.66% 4.57% O 4.77%