Hatter Enterprise paid a dividend last year of $3.25, which is expected to grow at a constant rate of 7%. Hatter has a beta of 1.5 and their stock is currently selling for $62. If the market risk premium is 6% and the risk-free rate is 3%, should you purchase Hatter’s stock? Why or Why not? Show by comparing the current selling price to an "equilibrium" price (based on CAPM) of Hatter. Please be very detailed.