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please help thank you! 8. Nonconstant growth stock As companies evolve, certain factors can drive sudden growth. This may lead to a period of nonconstant,

please help thank you!
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8. Nonconstant growth stock 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 variabie, or nanconstant, growth model for the valuation of the company's stock. Consider the case of Portman tndustries: Portman industries just paid a dwidend of 32.88 per share. The company expects the coming year to be very profitable, and its dividend is expected to grow by 20.00% over the next year, After the next year, though, Portman's dividend is expected to grow at a constant rate of 4.00*s per year. Assuming that the market is in equilibrium, use the information just given to complete the table. The riskifree rate (hif) is 5.00%, the market risk premium (RPM) is 6.00%, and Portman's beta is 1.80 . What is the expected dividend yield for Portman's stock today? 17.34% 11.79% 9.43% 13.13%

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