You Believe That the Required Return on Big Hat Stock

You believe that the required return on Big Hat stock is 12% and that the expected dividend growth rate is 10%, which is expected to remain constant for the foreseeable future. Is the stock currently overvalued, undervalued, or fairly priced?

A) Overvalued.
B) Undervalued.
C) Fairly priced.
D) Cannot tell without more information.
E) Mispriced.