Which of the following statement(s) is/are correct?

I. A stock's capital gain yield can never be equal to the dividend growth rate.

I. A stock's dividend yield is equal to the realized return less the capital gain yield.

Ill. The capital gains yield on a stock equals the stock price today divided by the stock price in

one period

a. Only Ill is correct

b. Both Il and Ill are correct

c. Only Il is correct

d. Both I and Il are correct

e. Only I is correct