Question
The Bouchardd Companys EPS was $16.50 in 2012, up from $4.42 in 2007. The company pays out 40% of its earnings as dividends, and its
The Bouchardd Companys EPS was $16.50 in 2012, up from $4.42 in 2007. The company pays out 40% 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.)
b. The last dividend was D0= 0.4($6.50) = $2.60. Calculate the next expected dividend, D1, assuming that the past growth rate continues.
c.What is Bouchards cost of retained earnings, rs?
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Bitcoin Cash What You Need To Know About Bch
Authors: Alexander O. M.
1st Edition
1976721229, 978-1976721229
