You are considering three stocks with the following expected dividend yields and capital gains:

stock	dividend yeild	capital gain
A	14%	0%
B	8%	6%
C	0%	14%

1. Assume capital gains tax rate of 15% and income tax rate of 25%, what is the expected rate for Stock A?

2. Assume capital gains tax rate of 15% and income tax rate of 25%, what is the expected rate for Stock B?

3. Assume capital gains tax rate of 15% and income tax rate of 25%, what is the expected rate for Stock C?