Consider four different stocks, all of which have a required return of $19$ percent and

a most recent dividend of $$3\mathrm{.}00$ 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 $-5$ percent per year, respectively. Stock $Z$ is a growth stock

that will increase its dividend by $21$ percent for the next two years and then maintain

a constant $12$ 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$.,32\mathrm{.}16.$

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$.,32\mathrm{.}16.$

Answer is complete but not entirely correct.