18 Jimmy Lube's common stock currently sells for $50. The firm will pay its first annual dividend or $2.30 four years from now. After paying as tirs dividend the dividend growth rate will be 8% forever. The required rate of return is 12%. Should you purchase the stock? Yes, because the stock is undervalued by 313.65 Yes, because the stock is undervalued by $7.52 No, because the stock is overvalued by 57.52 No, because the stock is overvalued by $9.07