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Consider the case of Portman Industries: Portman Industnes juit paid a dividend of $3.12 per share. The company expects the corning veor to be very

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Consider the case of Portman Industries: Portman Industnes juit paid a dividend of $3.12 per share. The company expects the corning veor to be very profitable, and its dividend is expected to grow by 16.00% over the next vear. Nter the next yeac, thaugh, Poituran's dividend is expected to-grow at a constant rate of 3.20% per vear. Assuming that the market is in equabrium, use the ifformation just given to complete the table: What is the expectind dividend yield for-Portman's steck todm? 10.20% 9.14% 7,545

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