The Bouchard Company's EPS was $5.90 in 2021, up from $3.47 in 2016. The company pays out 50% of its earnings as dividends, and its common stock salis for $38.00 a. Calculate the past growth rate in earnings. (Hint: This is a 5 -year growth perlod.) Round your answer to two decimal places. b. The last dividend was D0=0.50($5.90)=$2.95. Calcutate the next expected dividend, D1, assuming that the past growth rate continuis Do hot round intermediate calculations. Round your answer Lo the nearest cent. 5 c. What is Bouchard's cost of retained earnings, fs? Do not round intermediate calculations. Round your answer to two decimal ptaces. 95