The Bouchard Company's EPS was $5.40 in 2021, up from $3.26 in 2016. The company pays out 40% of its earnings as dividends, and its common stock sells for $33.00. 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 = 0.40($5.40) = $2.16. 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. %