You are currently thinking about investing in a stock priced at $25.00 per share. The stock recently paid a dividend of $2.40, and its dividend is expected to grow at a rate of 5 percent for the foreseeable future. You normally require a return of 14 percent on stocks of similar risk. Is the stock overpriced, underpriced, or correctly priced? (Round answer to 2 decimal places, e.g., 52.75.)