Harold Corporation's common stocks currently sell for P50 per share. Flotation cost is 5%. In the past, the company paid dividends of P4.50 per share. The expected dividend growth rate is 10% 118. Using the dividend growth model, the cost of capital is? 119. What is the cost of retained earnings? 120. Pinky Corporation expects to pay dividends of P5 per share at the end of this year. The expected growth rate is 10% Using the dividend growth model, what is the stock's market price if the cost of capital(common stocks) is 25%?