Crab State Bank has offered you a $1,000,000 5-year loan at an interest rate of 9.5 percent, requiring equal annual end-of-year payments that include both principal and interest on the unpaid balance. Develop an amortization schedule for this loan. Round your answers to the nearest dollar. Do not round intermediate calculations. End of Year Payment Interest (9.5%) Principal Reduction Balance Remaining $1,000,000 0 1 $ $ $ 2 3 DIIN 4 5 General Cereal common stock dividends have been growing at an annual rate of 5 percent per year over the past 10 years. Current dividends are $1.3 per share. What is the current value of a share of this stock to an investor who requires a 10 percent rate of return if the following conditions exist? Round your answers to the nearest cent. a. Dividends are expected to continue growing at the historic rate for the foreseeable future. $ b. The dividend growth rate is expected to increase to 8 percent per year. $ c. The dividend growth rate is expected to decrease to 3.5 percent per year. The Bouchard Company's EPS was $5.40 in 2019, up from $3.26 in 2014. The company pays out 50% of its earnings as dividends, and its common stock sells for $40.00. 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 = 0.50($5.40) = $2.70. Calculate the next expected dividend, D1, assuming that the past growth rate continues. not round intermediate calculations. Round your answer to the nearest cent. $ c. What is Bouchard's cost of retained earnings, rs? Do not round intermediate calculations. Round your answer to two decimal places. %