As companiess evolve, certain foctors can dnve sudden growth. This may lead to a period of nonconstent, or variable, growth. This would eause the expected growth rate to increase or decrease, thereby affecting the valuation model. For companies in such stuations, you woudd refer to the variable, of nonconstant, growth model for the valuation of the company's stock. Consader the case of portman Industries: Fortman industries just paid a dividend of 53,12 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 . Aogs per year, Assumang that the market is in equilibrium, use the information fust grven to complete the table: The mas.freen rate (Tuy) is 3.00\%, the market risk premman (RUS) is 3.60\%, and Portman's beta iv 1.10, What is the empected dividend yleld for poetman's stock today? 3.657 4.46% 4774 4567 expected growth rate to increase or decrease, thereby affecting the valuation mode or nonconstant, growth model for the valuation of the company's stock. Consider the case of Portman Industries: Portman Industries just paid a dividend of $3.12 per share. The company expects to grow by 12.00% over the next year. After the next year, though, Portman's divid Assuming that the market is in equilibrium, use the information just given to compl RPM) is 3.60%, and P 3.65% 4.46% or nonconstant, growth model for the valuation of the company's stock. Consider the case of Portman Industries: Portman Industries just paid a dividend of $3.12 per share. The company expects the co to grow by 12.00% over the next year. After the next year, though, Portman's dividend Assuming that the market is in equilibrium, use the information just given to complete Term Dividends one year from now (D1) Horizon value (P1) Intrinsic value of Portman's stock The risk-free rate (rRF) is 3.00%, the m \$ $76.54 premium ( RPM) is 3.60%, and Portm What is the expected dividend yield for $148.75 tock today? 3.65% 4.46% 4.77% 4.56% Consider the case of Portman Industries: Portman Industries just paid a dividend of $3.12 per share. The company expects th to grow by 12.00% over the next year. After the next year, though, Portman's divide Assuming that the market is in equilibrium, use the information just given to comple TermDividendsoneyearHorizonvalue(P1) Intrinsic value of Portman's stock The risk-free rate (rRF) is 3.00%, the m$91.75 premium (RPM) is 3.60%, and Po What is the expected dividend yield for 3.65% 4.46% 4.77% 4.56% The risk-free rate ( rRF) is 3.00%, the market risk premium ( RPPM) is 3.60%, and Portman's beta is 1.10. What is the expected dividend yield for Portman's stock today? 3.65% 4.46% 4.77% 4.56%
