Here are forecasts for next year for two stocks: Stock A Stock Return on equity 17% 11% Earnings per share $3.00 $2.50 Dividends per share $2.60 $2.00 a. What are the dividend payout ratios for each firm? (Do not round intermediate calculations. Enter your answers as a percent rounded to the nearest whole number.) Payout ratio % Stock Stock B % b. What are the expected dividend growth rates for each stock? Assume dividend has a steady growth for both stocks (Do not round intermediate calculations. Enter your answers as a percent rounded to 2 decimal places.) StockA Stock B Growth rate %. % b. What are the expected dividend growth rates for each stock? Assume dividend has a steady growth for both stocks. (Do not round intermediate calculations. Enter your answers as a percent rounded to 2 decimal places.) Stock A Growth rate % % Stock B c. If investors require a return of 17% on each stock, what are their values? (Do not round intermediate calculations, Round final answers to 2 decimal places.) PV StockA Stock B