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You've collected the following information from your favorite financial website. According to analysts, the growth rate in dividends for YBM for the next five years

You've collected the following information from your favorite financial website.
According to analysts, the growth rate in dividends for YBM for the next five years is expected to be 20.5 percent. Suppose YBM
meets this growth rate in dividends for the next five years and then the dividend growth rate falls to 5.5 percent, indefinitely. Assume
investors require a return of 13 percent on YBM stock. According to the dividend growth model, what should the stock price be today?
Note: Do not round intermediate calculations and round your answer to 2 decimal places, e.g.,32.16.
Current stock price
Based on these assumptions, is the stock currently overvalued, undervalued, or correctly valued?
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