PLEASE ANSWER BOTH QUESTIONS The Baron Basketball Company (B8C) earned $9 a...
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PLEASE ANSWER BOTH QUESTIONS 
The Baron Basketball Company (B8C) earned $9 a share last year and paid a dividend of $5 a share. Next year, you expect BaC to earn $10 and continue its poyout ratip. Asstume that you expect to sell the stock for $126 a year from naw, Do not round intermediate calculations. Round your answers to the nearest cent. 3. If you require 11 percent on this stock, how much would you be willing to pay for it? b. If you expect a selling price of $115 and require a 9 percent return on this investrment, how much would you pay for the BBC stock? 5
PLEASE ANSWER BOTH QUESTIONS
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