11. An analyst has the following information from trading that took place on July 25, 2012 on two stocks: Wells Fargo (WFC) and Dillards (DDS): For WFC: DIV = 0.88, YLD(%) = 2.65, PE = 11.05, CLOSE = 33.23, and for DDS: DIV = 0.20, YLD(%) = 0.32, PE = 6.53, CLOSE = 62.58. Both stock prices are inclusive of the current dividend (i.e., they are not trading ex-dividend). He has made projections of dividend growth (based on earnings) of 4 percent per year for WFC and 5.5 percent per year for DDS. He assesses the riskiness of the two investments, and decides that he needs to have an expected rate of return of 6 percent to invest in either of the two stocks. He will decide to (A) purchase WFC, but not buy DDS. (B) purchase DDS, but not buy WFC. (C) purchase both DDS and WFC. (D) buy neither WFC nor DDS