Portman Industries just paid a dividend of $3.12 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 the next year, though, Portman's dividend is expected to grow at a constant rate of 2.400 per year. Assuming that the market is in equilibrium, use the Information just given to complete the table. Value $3.49 Term Dividends one year from now (D) Horizon value Intrinsic value of Portman's stock The risk-free rate (rap) is 3,009, the market risk premium (RPM) is 3.60%, and Portman's beta is:1,30. What is the expected dividend yield for Portman's stock today? 4.469 4.729 4.56% 3.65%