help asap please a. Nonconstant growth stock As companies evolve,...
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help asap please 
a. Nonconstant growth stock As companies evolve, certain factors can drive sudden growth. This may lead to a period of nonconstant, or variable, growth. This would cause the expected growth rate to increase or decrease, thereby affecting the valuation model. For companies in such situations, you would refer to the variable, or nonconstant, growth model for the valuation of the compary's stock. Consider the case of Portman Industries: Fortinan Industnes just paid a dividend of $1.92 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 yeer. After the next year, though, Portman's dividend is expected to grow at a constant rate of 2.40% per vear. Neurting that the market is in equibrium, use the information just oiven to complete the table. What is the expected dividend yield for Portman's stock today? 5.28% 5.16% 5.56% 4.220e
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