Super urgent.. Plz solve

Question Text X Company's Corporate Finance division was trying to analyze if the stock was undervalued to decide if they can go ahead with repurchase of stocks. X Co. just gave a dividend of 6.00 per share. EPS (Earnings per share) currently is 15 per share. The company plans to maintain the same dividend pay-out ratio every year for the next three years. The return on retained earnings is expected to be the same as historical ROE of 20% for first three years. After three years, the growth rate in dividends will decline to 6% owing to fewer investment opportunities available for investment. However, this 6% growth rate in dividends will continue till perpetuity Stock of X co. was currently trading in the market at $150 per share (Market price) after the dividend payment announcement. (Note: If IV > Market Stock price, stock is undervalued; if IV