Home Depot $($HD$)$ just paid a dividend of $$1\mathrm{.}95,$ and its dividend is expected to grow at a constant rate $($g$)$ of $3\mathrm{.}25\%$ per year.

If the required return on Home Depot$$s stock is $7\mathrm{.}50\%,$ then what is the intrinsic, or theoretical market value of Home Depot's shares? $($Round to nearest two decimals$)$

HD is currently trading for $$56\mathrm{.}50.$ Are the company's shares trading over or under it's intrinsic value?

HD Intrinsic Value

HD overvalued or undervalued by market