You're trying to determine if the stock of Collin Co. is correctly priced. The company has recently paid a common stock dividend of $2.35 per share. The dividend are expected to grow at 9 percent per year indefinitely. You estimate that Collin Co's equity cost of capital is 12 percent. You estimate that Collin Co. is currently trading at $68.00 per share, do you believe that the stock is correctly priced? show your work.