Question: please help me solve these problems and show all the work. thank you 28. The Company had retained earnings of $1.5MM last year. The Company

please help me solve these problems and show all the work. thank you please help me solve these problems and show all the work. thank

28. The Company had retained earnings of $1.5MM last year. The Company gave a dividend of $3 a Share to its 500,000 shareholders. What is the EPS? What is the retention ratio and the payout ratio? 29. A Company has a dividend of $2.00 per share and expects to grow it by 3% every year for 5 years. What is the dividend in five years? If the stock is currently trading at $25, what should it be trading at in 5 years? 30. If you deposit $1000 every six monthd at 6%, what will you at the end of 3 years? 5 years

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