Portman Industries just paid a dividend of $3.60 per share.

Portman Industries just paid a dividend of exist3.60 per share. The company expects the coming year to be very profitable, and its dividend is expected to grow by 16.00% over the next year. After the next year, though, Portman's dividend is expected to grow at a constant rate of 3.20% per year. The risk-free rate (r_RF) is 4.00%, the market risk premium (RP_M) is 4.80%, and Portman's beta is 1.20. Assuming that the market is in equilibrium, use the information just given to complete the table. What is the expected dividend yield for Portman's stock today? 6.98% 5.25% 6.56% 6.36%