ABC Corp. is experiencing rapid growth. The current stock price is $$45.$ The company

expects the dividends to grow at $10\%$ per year for the next $4$ years before leveling off at $3\%$ into

perpetuity. The required return on the company$$s stock is $12\%.$ If the dividend per share just paid

is $$2\mathrm{.}5.$ What is the estimated current share price using the dividend growth model? Is the stock

of ABC Co$.$ is overpriced or underpriced?