You are analyzing the stock of Ansell Limited $($ANN$),$ a healthcare company, as of late June $2008.$ The stock price is A$$9\mathrm{.}74.$ The company$$s dividend per share for the fiscal year ending $30$ June $2008$ was A$$0\mathrm{.}27.$ You expect the dividend to increase by $10$ percent for the next three years and then increase by $8$ percent per year forever. You estimate the required return on equity of Ansell Limited to be $12$ percent.

$($Select all statements which are correct$)$

ANN is overvalued at the market price.

ANN's estimated value is A$$6\mathrm{.}95$ using a two$-$stage dividend discount model.

ANN is fairly valued at the market price.

ANN's estimated value is A$$14\mathrm{.}85$ using a two$-$stage dividend discount model.

ANN is undervalued at the market price.

ANN's estimated value is A$$13\mathrm{.}34$ using a two$-$stage dividend discount model.

ANN's estimated value is A$$7\mathrm{.}69$ using a two$-$stage dividend discount model.