Let's assume thatyou're thinking about buying stock in West Coast Electronics. So far in youranalysis, you've uncovered the followinginformation: The stock pays annual dividends of $5.17 a share indefinitely. It trades at aP/E of 11.7 times earnings and has a beta of 1.12. Inaddition, you plan on using arisk-free rate of 4.00% in theCAPM, along with a market return of 9%. You would like to hold the stock for 3years, at the end of which time you think EPS will be $8.62 a share. Given that the stock currently trades at $67.04, use the IRR approach to find thissecurity's expected return. Now use the dividend valuation model(with constantdividends) to put a price on this stock. Does this look like a good investment toyou? Explain.