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Consider four different stocks, all of which have a required return of 1 8 percent and a most recent dividend of $ 3 . 5

Consider four different stocks, all of which have a required return of 18 percent and a most recent dividend of $3.55 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 percent for the next two years and then maintain a constant 13.5 percent growth rate, thereafter.
a. What is the dividend yield for each of these four stocks?
Note: Do not round intermediate calculations and enter your answers as a percent rounded to 2 decimal places, e.g.,32.16.
b. What is the expected capital gains yield for each of these four stocks?
Note: A negative answer should be indicated by a minus sign. Leave no cells blank - be certain to enter "0" wherever required. Do not round intermediate calculations and enter your answers as a percent rounded to 2 decimal places, e.g.,32.16.
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