Ch 10-CC (Homework - from EOC Problems) X Back to Assignment Attempts Average/3 13. Problem 10.16 (Cost of Common Equity) EN eBook The Bouchard Company's EPS was $6.10 in 2021, up from $3.95 in 2016. The company pays out 40% of its earnings as dividends, and its common stock sells for $36.00. a. Calculate the past growth rate in earnings. (Hint: This is a 5-year growth period.) Round your answer to two decimal places. % A-Z b. The last dividend was Do = 0.40($6.10) = $2.44. 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. otice $ c. What is Bouchard's cost of retained earnings, rs? Do not round intermediate calculations. Round your answer to two decimal places. % Grade it Now Save & Continue Continue without saving At Ch 10-CC (Homework - from EOC Problems) X Back to Assignment Attempts Average/3 13. Problem 10.16 (Cost of Common Equity) EN eBook The Bouchard Company's EPS was $6.10 in 2021, up from $3.95 in 2016. The company pays out 40% of its earnings as dividends, and its common stock sells for $36.00. a. Calculate the past growth rate in earnings. (Hint: This is a 5-year growth period.) Round your answer to two decimal places. % A-Z b. The last dividend was Do = 0.40($6.10) = $2.44. 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. otice $ c. What is Bouchard's cost of retained earnings, rs? Do not round intermediate calculations. Round your answer to two decimal places. % Grade it Now Save & Continue Continue without saving At