Question
The Bouchard Company's EPS was $5.90 in 2021, up from $3.47 in 2016. The company pays out 30% of its earnings as dividends, and its
The Bouchard Company's EPS was $5.90 in 2021, up from $3.47 in 2016. The company pays out 30% of its earnings as dividends, and its common stock sells for $38.00.
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Calculate the past growth rate in earnings. (Hint: This is a 5-year growth period.) Round your answer to two decimal places.
%
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The last dividend was D0 = 0.30($5.90) = $1.77. 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.
$
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What is Bouchard's cost of retained earnings, rs? Do not round intermediate calculations
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Handbook Of Blockchain Digital Finance And Inclusion
Authors: David Lee, Robert H. Deng
1st Edition
012812282X, 978-0128122822
