Warned Corp., which is a manufacturer of computer parts, has been in business only a few years. Its board of directors decided to pay a dividend next year to help boost the attractiveness of its stock: It will pay $.38 in dividends per share next year, after which its dividends are expected to grow at 4 percent per year. Given a stock beta of 2.4, a market rate of return of 12 percent and a 4 percent T-bill rate, should the company share be purchased if they are currently selling for $4.50?