The Bouchard Company's EPS was $6.80 in 2021 , up from $3.34 in 2016 . The company pays out 50% of its earnings as dividends, and its common stock sells for $35.00. 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=0.50($6.80)=$3.40. 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. %