问题如下：
Matt wants to use the Gordon growth model to find a justified leading P/E for the Company M. He has assembled the information in the given table.
Based on the justified leading P/E and the actual leadingP/E, determine whether the stock is fairly valued, overvalued, or undervalued?
选项：
A.Overvalued.
B.Fairly valued.
C.Undervalued.
解释：
B is correct.
考点：Gordon Growth Model
解析：
Actual leading P/E = 37.6/1.88 = 20
两者相等，所以股票被正确定价。
justified forward p/e 公式：(D1/E1)/(r-g)=(1-b)/(r-g)
题目中明确给出了预期的earning和dividend growth rate，用这个算出来的DPR是30.02%，最终算出来的PE也会比用current算出来的数值要高一些，但是看答案却不是这样算，而是直接用30%作为DPR来计算，然后再和actual的PE比较，所以感觉答案有问题，请老师解答，谢谢。
