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Consider the case of Portman Industries: Portman Industries just paid a dividend of $1.92 per share. The company expects the coming year to be very

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Consider the case of Portman Industries: Portman Industries just paid a dividend of $1.92 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 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 (ru) is 4.00%, the market risk premium (RPM) is 4.80%, and Portman's beta is 2.00. What is the expected dividend vield for Portman's stock today? 8.23% 10.41% 10.085: 11.45%

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