As companies evolve, certain factors can drive sudden growth. This may lead to a period of nonconstant, or variable, the or nonconstant, growth model for the valuation of the company's stock. Consider the case of Portman Industries: to grow by 16.00% over the next year. After the next year, though, Portman's dividend is expected to grow at a constant rate of 3.20% per year. Assuming that the market is in equilibrium, use the information just given to complete the table. The risk-free rate (r rRF ) is 4.00%, the market risk premium (RPM) is 4.80%, and Portman's beta is 1.30. What is the expected dividend yield for Portman's stock today? 5.62% 7.03% 6.81% 7.51%