Stock B$$s beta coefficient is bB $=1\mathrm{.}3.$ The risk$-$free rate is $5$ percent, and the expected return on an average stock is $10$ percent. The current price of Stock B$,$ P$0,$ is $$30$; the next expected dividend, D$1,$ is $$0\mathrm{.}90$; and the stock$$s expected constant growth rate is $9$ percent. Which of the following is correct?

a$.$

Stock B is fairly priced and in equilibrium.

b$.$

Stock B is undervalued. Its price will fall to restore equilibrium.

c$.$

Stock B is overvalued. Its price will rise to restore equilibrium.

d$.$

Stock B is undervalued. Its price will rise to restore equilibrium.

e$.$

Stock B is overvalued. Its price will fall to restore equilibrium.