(Answered) The bouchard companys eps was 539 in 2016 up from 308 in

Statistics

The Bouchard Company's EPS was $5.39 in 2016, up from $3.08 in 2011. The company pays out 50% of its earnings as dividends, and its common stock sells for $31.

Calculate the past growth rate in earnings.

The last dividend was D₀ = 0.50($5.39) = $2.70. Calculate the next expected dividend, D₁, assuming that the past growth rate continues.

What is Bouchard's cost of retained earnings, r_s?

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