The Bouchard Company's EPS was $5.40 in 2021, up from $3.26 in 2016. The company pays out 40% of its earnings as dividen

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The Bouchard Company's EPS was $5.40 in 2021, up from $3.26 in
2016. The company pays out 40% of its earnings as dividends, and
its common stock sells for $34.00.
Calculate the past growth rate in earnings. (Hint: This
is a 5-year growth period.) Round your answer to two decimal
places.
%
The last dividend was D0 = 0.40($5.40) = $2.16.
Calculate the next expected dividend, D1, assuming that
the past growth rate continues. Do not round intermediate
calculations. Round your answer to the nearest cent.
$
What is Bouchard's cost of retained earnings, rs? Do
not round intermediate calculations. Round your answer to two
decimal places.
%