last digits of system idi are 39

Question No. 3: (6 Marks) Schmendiman, Inc., is the sole manufacturer of schmedimite (an inflexible, brittle building material made of radium and asbestos). Assume that the company's common stock can be valued using the constant dividend growth model. You expect that the return on the market will be 13 percent and the risk-free rate is 5 percent. You have estimated that current dividend is equal to the sum of last two digits of your system ID, the dividend will grow at a constant 5 percent, and the stock's beta is 1.50. The common stock is currently selling for $30.00 per share in the marketplace. a. What value would you place on one share of this company's common stock? b. Is the company's common stock overpriced, underpriced, or fairly priced? Why