eBook The Bouchard Company's EPS was $6.50 in 2019, up from $4.42 in 2014. The company pays out 30% 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 = 0.30($6.50) = $1.95. Calculate the next expected dividend, D1, 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, rs? Do not round intermediate calculations. Round your answer to two decimal places. %