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The following table gives Foust Company's earnings per share for the last 1 0 years. The common stock, 7 . 3 million shares outstanding, is

The following table gives Foust Company's earnings per share for the last 10 years. The common stock, 7.3 million shares outstanding, is now (1/1/22) selling for $77.00 per share. The expected dividend at the end of the current year /31/22) is 50% of the 2021 EPS. Because investors expect past trends to continue, g may be based on the historical earnings growth rate. (Note that 9 years of growth are reflected in the 10 years of data.)
\table[[Year,EPS,Year,EPS],[2012,$3.90,2017,$5.73
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