The expected pretax return on three stocks is divided between

dividends and capital gains in the following way:StockExpected DividendExpected Capital GainA$$0$$$10$B$55$c$100$a$.$If each stock is priced at $$135$ what

are the expected net percentage returns on each stock to $($i$)$ a

pension fund that does not pay taxes, $($ii$)$ a corporation paying tax

at $21\%($the effective tax rate on dividends received by

corporations is $6\mathrm{.}3\%),$ and $($iii$)$ an individual with an effective

tax rate of $10\%$ on dividends and $5\%$ on capital gains?b$.$Suppose that investors pay $40\%$ tax on

dividends and $10\%$ tax on capital gains. If stocks are priced to

yield an after$-$tax return of $10\%,$ what would A$,$ B$,$ and C each sell

for? Assume the expected dividend is a level perpetuity.$$If each stock is priced at $$135,$ what are the expected net

percentage returns on each stock to $($i$)$ a pension fund that does

not pay taxes, $($ii$)$ a corporation paying tax at $21\%($the effective

tax rate on dividends received by corporations is $6\mathrm{.}3\%),$ and $($iii$)$

an individual with an effective tax rate of $15\%$ on dividends and

$10\%$ on capital gains?$($Do not round intermediate calculations.

Enter your answers as a percent rounded to $2$ decimal places.$)$StockPensionInvestor CorporationIndividualA$\%\%\%$B$\%\%\%$C$\%\%\%$Suppose that investors pay $40\%$ tax on dividends and $10\%$ tax on

capital gains. If stocks are priced to yield an after$-$tax return of

$10\%,$ what would A$,$ B$,$ and C each sell for? Assume the expected

dividend is a level perpetuity.$($Do not round intermediate

calculations. Round your answers to $2$ decimal places.$)$StockPriceA$B$C$$$