Consider four different stocks, all of which have a required return of 18.25 percent and a most recent dividend of $3.35 per share. Stocks W, X, and Y are expected to maintain constant growth rates in dividends for the foreseeable future of 11.5 percent, 0 percent, and -6 percent per year, respectively. Stock Z is a growth stock that will increase its dividend by 20.25 percent for the next two years and then maintain a constant 13.5 percent growth rate, thereafter.

Requirement 1: What is the dividend yield for each of these four stocks? (Do not round intermediate calculations Round your answers to 2 decimal places (e.g., 32.16).) Stock W Stock X Stock Y Stock Z 6.75 % 18.25% 24.25% 4.49% Requirement 2: What is the expected capital gains yield for each of these four stocks? (Do not round intermediate calculations. Negative amounts should be indicated by a minus sign. Leave no cells blank - be certain to enter "O" wherever required. Round your answers to 2 decimal places (e.g., 32.16).) Capital ains yield Stock W Stock X Stock Y Stock Z 11.50% 0.00 % -6.00 % 13.76%