Portman industires just paid a divident of $2.40 per share. The company expects the coming year to be very profitable, and its dividend is expected to grow by 12.00% over the next year. After teh next year, though, Portman's divident is expected to grow at a constant rate of 2.40% per year.

The risk free rate is 3.00%, the market risk premium is 3.60% and pormans beta is 1.90.

Assuming taht the market is in equilibrium

What are the dividends one year from now________

What is the Horizon value__________

What is the Intrinsic value of Portman's stock_______

What is the expected dividend yield for portmant stock today?

a. 5.95% b. 7.44% c. 7.26% d7.98%