Let's assume that$$ you're thinking about buying stock in West Coast Electronics. So far in your$$ analysis, you've uncovered the following$$ information: The stock pays annual dividends of $$$$4\mathrm{.}76$a share indefinitely. It trades at a$$ P$/$E of $10\mathrm{.}6$ times earnings and has a beta of $1\mathrm{.}151\mathrm{.}15.$ In$$ addition, you plan on using a$$ risk$-$free rate of $4\mathrm{.}004\mathrm{.}00\%$ in the$$ CAPM, along with a market return of $11\%.$ You would like to hold the stock for $3$ years, at the end of which time you think EPS will be $$$$9\mathrm{.}24$ a share. Given that the stock currently trades at $$$$78\mathrm{.}84,$ use the IRR approach to find this$$ security$\text{'}$s expected return. Now use the dividend valuation model$($with constant$$ dividends$)$ to put a price on this stock. Does this look like a good investment to$$ you? Explain.

This$$ security$\text{'}$s expected return$($IRR$)$ is