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The Bouchard Company's EPS was $6.50 in 2021, up from $4.42 in 2016. The company...

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The Bouchard Company's EPS was $6.50 in 2021, up from $4.42 in 2016. The company pays out 40% of its earnings as dividends, and its common stock seils for $39.00. a. Calculate the past growth rate in eamings. (Hint: This is a 5 -year growth period.) Round your answer to two decimal places. b. The last dividend was D0=0.40($6.50)=$2.60. 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. 5 c. What is Bouchard's cost of retained eamings, rs ? Do not round intermediate calculations. Round your answer to two decimal places

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