Suppose that Hughey Hospitality Corp. and Trump Leisure Properties Inc. have identical portfolios of hotel properties with the same business risk and should have the same firm values. Suppose that HHC has a share price of $28 per share, 3,600,000 shares outstanding, and $25 million of debt. Suppose that TLPI has a share price of $11.25 per share, 10,000,000 shares outstanding, and has $5 million of debt. Which of the following statements is correct?

A. Based on a comparison of total firm values, we can say that HHC is overvalued relative to TLPI.

B. Based on a comparison of total firm values, we can say that TLPI is overvalued relative to HHC.

C. There is insufficient information to value these terms.

D. Based on a comparison of market values of equity, we can say that HHC is undervalued relative to TLPI.