1) Queens Corporation (QC) has the following expected dividends per share: $1 in one year, $2 in two years, and $3 in three years. After that, its dividends are expected to grow at 5% per year forever (sothat year 4's dividend will be 5% more than $3 and so on). QC's equity cost of capital is 10%. a) Show that we expect the stock price to be $63.00 at the beginning of the 4th year b) What is the current stock price? Hint: Discount the 3 dividends and the price in o)