The Bouchard Company's EPS was $5.90 in 2021, up from $3.47 in 2016. The company pays out 50% of its earnings as dividends, and its common stock sells for $31.00. 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 Do = 0.50 ($5.90) = $2.95. 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. %

Collins Inc. has just paid its annual dividend of $2.2. The company expects that its dividends in the first three years will be $1.9, $2.3, and $2.7, respectively. The company estimates an EPS in year three to be $5.6 , the EPS in year four to be $6.0, and the median leading industry P/E in year three to be 20. Calculate Collins Inc. current value if the cost of equity is 14%.

Jarett & Sons' common stock currently trades at $32.00 a share. It is expected to pay an annual dividend of $2.50 a share at the end of the year (D1 = $2.50), and the constant growth rate is 4% a year. What is the company's cost of common equity if all of its equity comes from retained earnings? Do not round intermediate calculations. Round your answer to two decimal places.   % If the company issued new stock, it would incur a 9% flotation cost. What would be the cost of equity from new stock? Do not round intermediate calculations. Round your answer to two decimal places.

GHI's last dividend was P2.00. The dividend growth rate is expected to be constant at 3% for 2 years, after which dividends are to expected to grow at a rate of 8% forever. The company's required rate of return is 12%. What is the company's current stock price?      A. P57.30   B. P51.40   C. P53.80   D. P49.20   E. Answer not given

Jia's Fashions recently paid a R2 annual dividend. The company is projecting that its dividends will grow by 20 percent next year, 12 percent annually for the two years after that, and then at 6 percent annually thereafter. Based on this information, how much should Jia's Fashions common stock sell for today if her required return is 10.5%? Which answer is correct? A. R54.90  B. R60.80 C. R66.60 D. R69.30

The Bouchard Company's EPS was $5.40 in 2021, up from $3.26 in 2016. The company pays out 40% of its earnings as dividends, and its common stock sells for $30.00. 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 Do = 0.40($5.40) = $2.16. 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. $ 2.39 c. What is Bouchard's cost of retained earnings, rs? Do not round intermediate calculations. Round your answer to two decimal places. %

Each quarter, Crane, Inc., pays a dividend on its perpetual preferred stock. Today the stock is selling at $65.00. If the required rate of return for such stocks is 12.00 percent, what is the quarterly dividend paid by this Crane? (Round answer to 2 decimal places, e.g. 15.25.) Quarterly dividend paid$______

The Bouchard Company's EPS was $5.90 in 2019, up from $3.47 in 2014. The company pays out 50% of its earnings as dividends, and its common stock sells for $34.00. 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 = 0.50($5.90) = $2.95. 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. $   What is Bouchard's cost of retained earnings, rs? Do not round intermediate calculations. Round your answer to two decimal places.   %

M Company's last dividend was $1.25 (D0). The dividend growth rate is expected to be constant at 15.0% for 2 years, after which dividends are expected to grow at a rate of 6% forever. If the firm's required return (rs) is 11%, what is its D3 (Dividend at the end of year 3) ?   1.75   2.02   2.12   2.32

Today, Apple paid a $1.50 dividend (it pays dividends semi- annually). Future dividends are expected to grow at the constant rate of 2% per semi- annual period. If the effective semi-annual rate is 6% what is the current stock price of apple? Please show formulas and procedure used. Thanks!