Three-Minute Peanut Butter Fudge

My high school girlfriends and I have a Christmas party every year.  This year, I volunteered to host it at my house.  I made vegetable lasagna with homemade sauce.  My friends each brought something--salad, bread, appetizer, dessert, and wine.  I wanted to have something else to nibble on in addition to the dessert, so I chose to make this fudge that I found on How Sweet It Is.  It was so simple, yet it added that festive touch to my table.

1 1/2 cups Chocolate Chips
1/2 cup Sweetened Condensed Milk
1/4 cup Peanut Butter
1 tablespoon Water

Combine all ingredients in a microwave safe bowl.  Heat on full power for 30 seconds, then remove and stir.  Heat for another 30 seconds, then stir again.  The mixture should be smooth at this point, but if it is not, you may need to microwave it 1-2 more times in 30 second increments, depending on your microwave.  You can also melt the ingredients together in a double boiler if you do not wish to use a microwave.  When mixture is smooth, pour it into an 8-inch square baking dish and refrigerate for at least 30 minutes.  When ready to serve, cut into squares.