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Consider four different stocks, all of which have a required return of 15 percent and a most recent dividend of $4.80 per share. Stocks W,

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Consider four different stocks, all of which have a required return of 15 percent and a most recent dividend of $4.80 per share. Stocks W, X, and Y are expected to maintain constant growth rates in dividends for the foreseeable future of 10 percent, O percent, and -5 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 12 percent growth rate thereafter What is the dividend yield for each of these four stocks? (Do not round intermediate calculations and enter your answers as a percent rounded to 2 decimal places, e.g., 32.16.) Dividend yield Stock W Stock X Stock Y Stock Z 4.55 0 % 15.00 % 21.05 % 2.34 % What is the expected capital gains yield for each of these four stocks? (Leave no cells blank - be certain to enter "o" wherever required. A negative answer should be indicated by a minus sign. Do not round intermediate calculations and enter your answers as a percent rounded to 2 decimal places, e.g., 32.16.) Stock W Stock X Stock Y Stock Z Capital gains yield 10.45 % 0.00 0% -6.05 % 12.66 %

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