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The Bouchard Company's EPS was $ 5 . 4 0 in 2 0 2 1 , up from $ 3 . 2 6 in 2

The Bouchard Company's EPS was $5.40 in 2021, up from $3.26 in 2016. The company pays out 30% of its earnings as dividends, and its common stock sells for $37.00.
Calculate the past growth rate in earnings. (Hint: This is a 5-year growth period.) Round your answer to two decimal places.
%
The last dividend was D0=0.30($5.40)= $1.62. 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.
$
What is Bouchard's cost of retained earnings, rs? Do not round intermediate calculations. Round your answer to two decimal places.
%
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