Nicholas Inc. just paid a $2.00 dividend on its common stock and expects to continue growing dividends at an average rate of 4% each year, from now to infinity. If the required rate of return for this stock is 8% and it is currently selling for $52.00 per share, the stock

Group of answer choices

overpriced.

underpriced.

there is not information to determine if the stock is overpriced or underpriced.

selling for exactly its intrinsic value.