the drop down selections are overvalued and undervalued

eBook Problem 9-13 Assume that the 10-year U.S. Treasury is yielding 6.0 percent. Next year's earnings for the sap 500 are expected to be $180. lise the Ved made to estimate the watat oros S&P 500. Do not round intermediate calculations, Round your answer to two decimal places If the S&P 500 is trading at 2,600, is the market overvalued or undervalued, and by how much? Do not found intermediate acons and in places The market is Select by