Cost of common equitythe bouchard companys eps was 539 in, Ask an Expert

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COST OF COMMON EQUITY

The Bouchard Company's EPS was $5.39 in 2016, up from $3.08 in 2011. The company pays out 60% of its earnings as dividends, and its common stock sells for $39.

Calculate the past growth rate in earnings. (Hint: This is a 5-year growth period.) Round your answer to two decimal places. %

The last dividend was D0 = 0.60($5.39) = $3.23. Calculate the next expected dividend, D1, assuming that the past growth rate continues. Do not round off intermediate calculations. Round your answer to the nearest cent. $

What is Bouchard's cost of retained earnings, rs? Round your answer to two decimal places. Do not round your intermediate calculations. %

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Financial Management, Finance

Category:- Financial Management
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