P. Noel Company's common stock has just paid a $2.00 dividend. If investors believe that the expected rate of return on P. Noel is 14% and that dividends will grow at the rate of 5% per year for the foreseeable future, what is the value of a share of P. Noel stock? If it trades for $20, should you buy the stock?

A. Yes, because the stock is underpriced $2.22.

B. Yes, because the stock is underpriced $3.33.

C. No, because the stock is overpriced $2.22.

D. No, because the stock is overpriced $3.33.