#5. A single-stock futures contract on ABC Corp. stock calls for delivery of 100 shares of stock in 1 year. (a) Suppose the current stock price of ABC is $120.00 and the futures price is $126.00. ABC is expected to maintain a dividend yield of 1%. What must the interest rate be on a 1-year T-bill? (b) Suppose now that the current stock price of ABC is $100, the futures price is $104.00, ABC no longer pays a dividend, and the T-bill rate is 2%. Show the exact dollar amounts you would buy or sell in the stock, the future, and lending or borrowing to earn arbitrage profits from this situation in a position that includes going either long or short 5 futures contracts. What would be your total year 1 profits from this position