Question: wapital 0 x Back to Assignment s Attempts Keep the Highest/3 14. Problem 10.16 (Cost of Common Equity) GB eBook The Bouchard Company's EPS was

 wapital 0 x Back to Assignment s Attempts Keep the Highest/3

wapital 0 x Back to Assignment s Attempts Keep the Highest/3 14. Problem 10.16 (Cost of Common Equity) GB eBook The Bouchard Company's EPS was $6.10 in 2019, up from $3.95 in 2014. The company ways out 40% of its earnings as dividends, and its common stock weils 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 -0.40(56.10) - $2,44. Calculate the next expected dividend, Dasuming that the past growth rate continues. Do not round intermediate calculations. Round your answer to the nearest cont 5 tory What is Bouchard's cost of retained earnings. Do not round Intermediate calculations. Round your answer to two decimal places Grade it Now Save & Continue Continue without sang seach o a OGO 100 PM 11/21

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