You've collected the following information from your favorite financial website. (The number next to the stock name is DO.) 52-Week Price Div Yld % PE Close Net Hi Stock (Div) Palm Coal 0.36 Lake Lead...

Extracted text: You've collected the following information from your favorite financial website. (The number next to the stock name is DO.) 52-Week Price Div Yld % PE Close Net Hi Stock (Div) Palm Coal 0.36 Lake Lead Grp 1.54 SIR 2.55 Ratio Price Chg -0.24 Lo 77.40 10.43 2.6 6. 13.90 55.81 33.42 3.8 10 40.43 -0.01 131.04 50.24 70.05 2.9 5.2 10 89.08 3.07 13.95 DR Dime 0.8O 6. 15.43 -0.26 Candy Galore 0.32 35.00 20.74 1.5 28 ?? 0.18 According to your research, the growth rate in dividends for SIR for the next five years is expected to be 21 percent. Suppose SIR meets this growth rate in dividends for the next five years and then the dividend growth rate falls to 5.75 percent indefinitely. Assume Investors require a return of 14 percent on SIR stock. According to your research, the growth rate in dividends for SIIR for the next five years is expected to be 21 percent. Suppose SIR meets this growth rate in dividends for the next five years and then the dividend growth rate falls to 5.75 percent indefinitely. Assume investors require a return of 14 percent on SIR stock. Requirement 1: According to the dividend growth model, what should the stock price be today? (Do not round intermediate calculations. Round your answer to 2 decimal places (e.g., 32.16).) Current stock price Requirement 2: Based on these assumptions, is the stock currently overvalued, undervalued, or correctly valued? (Click to select)