Stock Xs beta is 1.8, the nominal risk-free rate is 2.4 percent, and the expected rate of return on an average stock is 12 percent. The current price for Stock X is $8. The dividend that was just paid was $0.80, and the stocks expected constant growth rate is 8 percent. Should Larson buy this stock? (Calculate the equilibrium value of the stock and decide if its worth $8.)