37) Car Company wants to calculated cost of common stock. Car Co. pay dividend of $3 per share and the common stock is priced $60 per share with growth rate of 9%. Compute cost of common stock (retained earnings)? 38) ABC Company wants to calculated cost of common stock. ABC Co. pay dividend of $1.50 per share and the common stock is priced $50 per share with growth rate of 7%. Compute cost of common stock (retained earnings)? 39) Calculate the payback: Assume the payback is $43.000