Question: Please solve using an excel format and show me the formulas used to get the solution. Thank you fx A B D E F G

Please solve using an excel format and show me the formulas used to get the solution. Thank you

Please solve using an excel format and show me the formulas used

fx A B D E F G . 1 J K L M 1 10-16 2 3 4 COST OF COMMON EQUITY The Bouchard Company's EPS was $6.50 in 2018, up from $4.42 in 2013. 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.) b. The last dividend was Di = 0.4($6.50) = $2.60. Calculate the next expected dividend, D, assuming that the past growth rate continues. c. What is Bouchard's cost of retained earnings, r? 5 6 7 8 9 10

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