The Bouchard Company's EPS was $5.40 in 2021, up from $3.26 in 2016. The company pays out 60% of its earnings as dividends, and its common stock sells for $36.00. 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 D0=0.60($5.40)=$3.24. 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, r3 ? Do not round intermediate calculations. Round your answer to two decimal places, (3) \%