Only accept hand-written assignment. Use pen and paper, ipad or tablet, save as pdf file and upload. After uploading your assignment, download and open it to make sure that the file is not corrupted. Please keep at least 2 decimal points for dollar amounts and at least 4 significant digits for rates. Question 1 You own 600 shares of ABC stock. Each stock will pay $5 dividend in year 1, $15 dividend in year 2, $45 dividend in year 3 and $135 liquidating dividend in year 4. The required return on the stock is 10%. a) What is the current stock price? b) If you want dividend of $X in year 1, $2X in year 2, $3X in year 3 and $4X in year 4, how many shares you must sell/buy at the end of year 1? At the end of year 2? At the end of year 3? (Assume that you can buy/sell fractional shares)