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I need to use the dividend growth model to calculate the intrinsic value of the common stock in 2008, and to determine if the stock is undervalued,...

I need to use the dividend growth model to calculate the intrinsic value of the common stock in 2008, and to determine if the stock is undervalued, overvalued, or fully valued.

*Important: I'm only looking for help with the formulas, what is the formula and where the numbers come from. I have to write a 5-7 page paper explaining.
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8525153.xlsx

SOLUTION
Given for 2008:
Po ( Market price ) :
EPS
DPS
Amount retained per share :
Retention ratio :
Return on Equity ( ROE ) 21.00
3.80
2.90
0.90
23.68%
14.00% Calculation of g and R :The formula...

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