Caltow Inc. is a publicly traded company, and you have collected the following information on the company's capitalizaation $($in $ millions, in book and market terms$)$:Market ValueBook ValueEquity$4,0002,909$Debt$2,0002,243$Cash$1,0001,000$ The company is expected to generate $$276$ million in after$-$tax operating income next year, growing at $4\mathrm{.}130\%$ a year in perpetuity and has a cost of capital of $8\mathrm{.}24\%.$ Estimate how under or over valued the company's equity is$,$ based on these characteristics.