As companies evolve, certain foctors can drive sudden growth. This may lead to a period of nonconstant, or variable, growth. This would caule the expected growth rate to increase or decrease, thereby affecting the valuation model, Far companies in such situations, you would refer to the varlable, 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 $2.40 per share. The company expects the coming year to be very prohtabil, and its dividend is axpected Assuming that the market is in equibrium, use the information fust given to complete the table. The risk-free rate (nar) is 5.00%, the market risk premium (RPM) is 6.004 , and Fortmank beta is 1.30. The risk-free rate ( rRF ) is 5.00%, the market risk premium ( RPM ) is 6.00%, and Portman's beta is 1.30 . What is the expected dividend yield for Portman's stock today? 8.79% 7.03% 9.53% 8.45%