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Business, 06.05.2020 07:22 Boogates7427

The Bouchard Company's EPS was $6.14 in 2016, up from $3.87 in 2011. The company pays out 60% of its earnings as dividends, and its common stock sells for $36. Calculate the past growth rate in earnings. (Hint: This is a 5-year growth period.) Round your answer to two decimal places. % The last dividend was D0 = 0.60($6.14) = $3.68. Calculate the next expected dividend, D1, assuming that the past growth rate continues. $ What is Bouchard's cost of retained earnings, rs?

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The Bouchard Company's EPS was $6.14 in 2016, up from $3.87 in 2011. The company pays out 60% of its...
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