McEvoy Inc. recently paid a dividend of $1.50. They believe the growth rate will be 14% next year and the growth rate will decline linearly from 14% in the first year to 6% in the tenth year. The risk-free rate is 4.1%, the market return is 9.6% and beta is 0.84 . What is the required rate of return? What is the current value of the stock? If the market price is $56, is the stock undervalued, fairly valued, or overvalued