Jacksonville Sharks is a young and exciting company and initiated dividends three years ago. The last dividend it paid was $0.08 (annual). You expect the company to grow the dividends by 50% per year for the next 3 years and then continue the growth indefinitely at 7.41% per year. As Sharks is a growing company, you estimate the appropriate required return to be 9.20%. If the market value of the Jacksonville Sharks is currently $10.98, and you own 500 shares, which of the following statements is true? (recurring content question) Sharks are overvalued by $5.49, so Buy Sharks are undervalued by $5.49, so Sell Sharks are undervalued by $1.93, so Buy Sharks are overvalued by $1.93, so Sell 5harks are tairly value, so Hold