Stock A is currently sold at $34.25 per share. Stock A will pay a dividend of $1.5 per share in the coming year. Dividends are expected to grow by 25 percent for years 2 and 3 and 10 percent thereafter. The required rate of return on the stock is 15 percent. Which of the following statement is correct? Assume DDM is correct. (Note: please retain at least 4 decimals in your calculation and at least 2 decimals in your final answer.) Select one: O a Stock A's fair price is $34.25 per share; Stock A is fairly priced. O b. Stock A's fair price is $38.17 per share; Stock A is overpriced. O c. Stock A's fair price is $38.17 per share; Stock A is underpriced. O d. Stock A's fair price is $33.90 per share; Stock A is underpriced. Oe. Stock A's fair price is $33.90 per share; Stock A is overpriced