please answer both questions and all parts.

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 (rnF) is 4.00%, the market risk premium (RPM) is 4.80%, and Portman's beta is 2.00 . What is the expected dividend yield for Portman's stock today? 10.41% 8. 33% 11.45% 10.08% Goodwin Technologies, a relatively young company, has been wildly successful but has yet to pay a dividend. An analyst forecasts that Goodwin is likely to pay its first dividend three years from now. She expects Goodwin to pay a $4,00000 dividend at that time (D3=$4.00000 ) and believes that the dividend will grow by 20.80000% for the following two years (Ds and Ds). However, after the fifth year, she expects Goodwin's dividend to grow a a constant rate of 4.02000% per year. Goodwin's required return is 13,40000%. Fill in the following chart to determine Goodwin's horizon value at the horizon date (when constant growth begins) and the current intrinsic value. To increase the accuracy of your calculations, do not round your intermediate calculations, but round all final answers to two decimal places. Assuming that the markets are in equilibrium, Goodwin's current expected dividend yield is , and Goodwin's capital gains yield is Goodwin has been very successful, but it hasn't paid a dlvidend yet. It circulates a report to its key investors containing the following statement: Goodwin's investment opportunities are poor. Is this statement a possible explanation for why the firm hasn't paid a dividend yet? Yes No