As companies evolve, certain factors can drive sudden growth, This may lead to a period of nonconstant, or variable, growth. This would cause the expected growth rate to increase or decrease, thereby affecting the valuation model. For companies in such situations, you would refer to the yariable, or nonconstant, growth model for the valuation of the company's stock. Consider the case of Portman Industries: Portman Industries fust paid a dividend of $3.12 per share. The company expects the coming year to be very profitable, and its dividend is expected to grow by 16.00% over the next year. After the next year, though, Portman's diwdend is expected to orow at a constant irate of 3.20% per year. Assuming that the market is in equifibrium, use the infocmation just given to complete the table. What is the expected dividend yield for fortman's stock today 6.01% 5.62% 7.51% 7.03%