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If possible, please submit as text and not an image! Thank you 10-16 COST OF COMMON EQUITY The Bouchard Company's was in 2016, up from
If possible, please submit as text and not an image! Thank you
10-16 COST OF COMMON EQUITY The Bouchard Company's was in 2016, up from $442 in 2011. The company pays out of its earnings as dividends, and its common stock sells for 63600. a. Calculate the past growth rate in earnings. (Hint: This is a 5-year growth period.) b. The last dividend was Do 0.4($6.50) $2.60. Calculate the next expected dividend, [h, assuming that the past growth rate continues. c. What is Bouchard's cost Of retained earnings, ra
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