Ch 10- CC (Homework from End of Chapter problems) Back to Assignment Attempts Average/31 13. Problem 10.16 (Cost of Common Equity) eBook The Bouchard Company's EPS was $6.10 in 2021, up from $3.95 in 2016. The company pays out 30% of its earnings as dividends, and its common stock sells for $33.00 a. Calculate the past growth rate in earnings. (Hint: This is a 5-year growth period.) Round your answer to two decimal places. b. The last dividend was Do - 0.30($6.10) - $1.83. Calculate the next expected dividend, D, assuming that the past growth rate continues. Do not round intermediate calculations. Round your answer to the nearest cent. S c. What is Bouchard's cost of retained earnings, ra? Do not round intermediate calculations. Round your answer to two decimal places 0x Grade it Now Save & Continue Continue without saving