Portman Industries just paid a dividend of $3.60 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 (rRF) is 4.00%, the market risk premium (RP) is 4.8096, and Portman's beta is 1.60. Term Value Dividends one year from now (D)$4.1760 Horizon value (P) Intrinsic value of Portman's stock $49.25 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? o 6.78% 8.22% 9.18% o 8.48%