You want to earn a return of 11% on each of two stocks (your discount rate), A and B. Stocks A is expected to pay a dividend of $3 in the upcoming year, while stock B is expected to pay a dividend of $2 in the upcoming year. The expected growth rate of dividends for both stocks is 4%. Using the constant-growth DDM, the intrinsic value of stock A ____.

A) will be the same as the intrinsic value of stock B

B) will be higher than the intrinsic value of stock B

C) The answer cannot be determined from the given information

D) will be less than the intrinsic value of stock B