Problem #7 (7 Marks) The stock of Ells Electronics Limited recently paid a dividend of $2.00 per share. Dividends are expected to grow at a rate of 5% forever. Based on past returns, this stock's returns have a standard deviation of 35%. This stock has a correlation of 0.8 with returns to the overall market. The overall market has a standard deviation of 15%. Historically, the market has returned 8.5% more than T-bills in an average year. The current yield on T-Bills is 2.5%. Right now, the stock is quoted at $20 in the market. Should you buy or sell the stock? Show your work