plz show work and formulas

Question 5 1 pts XYZ pays out all its earnings and has a share price of $37. In order to expand, XYZ decides to cut its dividend from $3.00 to $2.00 per share and reinvest the retained funds. Once the funds are reinvested, they are expected to grow at a rate of 13%. If the reinvestment does not affect XYZ's equity cost of capital, what is the expected share price as a consequence of this decision? C62.86 41.90 C 36.67 52.38