Portman Industries just paid a dividend of $1.40 per share. The dividend is expected to grow by 20 percent over the next year. After that, though, Portman's dividend is expected to grow at a constant rate of 3 percent per year indefinitely. The required rate of return for Portman's stock is 10 percent. How much is the stock worth? Expected one-year interest rates are tabulated below. Year Expected 1-Year Rate 1 2 3 4 5 5.00% 4.00% 5.25% 6.25% 6.25% According to the (unbiased/pure) expectations theory, the interest rate for a five- year loan should be (approximately): Suppose the interest rate on a 1-year T-bill is 5.00 percent and that on a 2-year T- bond is 7.50 percent. According to the (unbiased/pure) expectations theory, (approximately) what does the market forecast 1-year rates to be 1 year from now