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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

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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 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 (nT) is 4.00%, the market risk premium (RPM) is 4.80%, and Portman's beta is 1.80. Assuming that the market is in equilibrium, use the information fust given to complete the table. Portman has 600,000 shares outstanding, and Judy Davis, an investor, holds 9,000 shares at the current price as just found, Suppose Portman is . considering issuing 75,000 new shares at a price of $32.59 per share. If the new shares are sold to outside investors, by how much will Judy's investment in Portman be dluted on a pershare basis? $0.54 per share \$0:79 pershare $0.64 per share $1.34 per share 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 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 (nT) is 4.00%, the market risk premium (RPM) is 4.80%, and Portman's beta is 1.80. Assuming that the market is in equilibrium, use the information fust given to complete the table. Portman has 600,000 shares outstanding, and Judy Davis, an investor, holds 9,000 shares at the current price as just found, Suppose Portman is . considering issuing 75,000 new shares at a price of $32.59 per share. If the new shares are sold to outside investors, by how much will Judy's investment in Portman be dluted on a pershare basis? $0.54 per share \$0:79 pershare $0.64 per share $1.34 per share

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