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

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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