13 &15

The Bouchard Company's EPS was $6.50 in 2021 , up from $4.42 in 2016 . The company pays out 60% of its earnings as dividends, and its common stock sells 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. % cent. \$ c. What is Bouchard's cost of retained earnings, rs? Do not round intermediate calculations. Round your answer to two decimal places. % Adamson Corporation is considering four average-risk projects with the following costs and rates of return: debt, and 10% preferred stock. a. What is the cost of each of the capital components? Do not round intermediate calculations. Round your answers to two decimal places. Cost of debt: % Cost of preferred stock: % Cost of retained earnings: % b. What is Adamson's WACC? Do not round intermediate calculations. Round your answer to two decimal places. %