The Baron Basketball Company (BBC) earned $9 a share last year and paid a dividend of $6 a share. Next year, you expect BBC to earn $11 and continue its payout ratio. Assume. that you expect to sell the stock for $134 a year from now. Do not round intermediate calculations. Round your answers to the nearest cent. a. If you require 12 percent on this stock, how much would you be willing to pay for it? 5 b. If you expect a selling price of $106 and require an 8 percent retum on this investment, how much would you pay for the Bec stock? 5