K Group just paid a $1.25 dividend per share. The dividend is

expected to grow at 28% per annum for the next eight years. After
that, this growth rate is expected to be 6% indefinitely.
Presume that the beta of K Group is 1.2, and the risk premium 7.5%
and the risk-free rate is 4%.
The current share price of K Group and is $80,
Is the current share price of K Group underpriced?