4.An analyst gathers or estimates the following information about shares of Bill Gates Corp.:-Current price per share: $25.5-Current annual dividend per share: $1.6-Annual dividend growth for Years 1-3: 8%-Annual dividend growth for Years 4+: 3%-Required rate of return: 10% Based on the DDM, the stock is most likely:

A. undervalued.B. overvalued.C. fairly valued