6. Nonconstant drowth stock As companies evolve, certain factors can dive sudden growth, This may lead to a period of nencenstant, or variable, orowth. This would cause the expected growt hate to increase or decrease, thereby affecting the valuation model. For companies in suach situations, you would refer to the variatle. or nonconstant, orowth model for the valuation of the company's stock. Conslier the case of Portman Industriest Purtman tridustres fust pald a Evidend of $1.92 per share. The company expects the coming year to be very peofitable, and its dividend is expected Asuaming that the marbet is in equilitaium, use the information fust oiven to complete the table. The risk free rate (ray) is 5.00%, the markt ric premim (IUP) is 0.00%, and Hortmans beta is 1.90. What is the erpected dividend yield for Portman's stock today? 13.90% 9.99% 1241% 11.0m