Consider four different stocks, all of which have a required return of 20 percent and a most recent dividend of $3.80 per share. Stocks W, X, and Y are expected to maintain constant growth rates in dividends for the foreseeable future of 10 percent, 0 percent, and %u20135 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 15 percent growth rate thereafter.

What is the dividend yield for each of these four stocks? (Do not round intermediate calculations and round your final answers to 1 decimal places. (e.g., 32.1))

	Dividend yield
Stock W	%
Stock X	%
Stock Y	%
Stock Z	%

What is the expected capital gains yield for each of these four stocks? (Leave no cells blank - be certain to enter "0" wherever required. Negative amount should be indicated by a minus sign. Do not round intermediate calculations and round your final answers to 1 decimal places. (e.g., 32.1))

	Capital gains yield
Stock W	%
Stock X	%
Stock Y	%
Stock Z	%