A company earned 56 per share in the year that Just ended. The company has no more growth opportunities. The company has a 12 percent return on equity and a 12 percent co of equity, Do not round intermediate calculations. Round your answers to the nearest cent. a. What is the stnek worth todsy? 4 b. What if the company was expected to earn $6.70 next year and then never grow agan? Assuming that their retum on equity and cost of equity didn't change, what wou the stock be worth today? 5