ebook The Bouchard Company's EPS was $6.10 in 2019, up from $3.95 in 2014. The company pays out 60% of its earnings as dividends, and its common stock sells for $38.00. 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 -0.60($6.10) - $3.66. Calculate the next expected dividend, D., assuming that the past growth rate continues. Do not round Intermediate calculations. Round your answer to the nearest cent. $ c. What is Bouchard's cost of retained earnings, ? Do not round intermediate calculations. Round your answer to two decimal places. %