please help me with these questions

ng.cengage.com 8. Nonconstant growth stock A: Aa E As companies evolve, certain factors can drive sudden growth. This may lead to a period of nonconstant, or variable, growth. This would cause the expected growth rate to increase or decrease, thereby affecting the valuation model. For companies in such situations, you would refer to the variable, 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 $1.68 per share. The company expects the coming year to be very protable, and its dividend is expected to grow by 20.00% over the next year. Alter the next year, though, Portman's dividend is expected to grow at a constant rate of 4.00% per year. The risk-free rate (rap) is 5.00%, the market risk premium (RPM) is 6.00%, and Portman's beta is 1.20. Horizon value i' ( 1) Assuming that the market is in equilibrium, use the Intrinicvl fP mn' t k III s a ue 0 art a s 5 0C information just given to complete the table. What is the expected dividend yield for Portman's stock today? 0 6.56% O 8.20% O 8.85% 0 7.88%