Luis Owns 300 Shares of a Stock That Plans to Pay

Luis owns 300 shares of a stock that plans to pay a special $4.65 per share dividend 1 year from today and a final $.32 per share dividend 2 years from today.He does not desire any dividend income in 2 years but wants all of his dividends in 1 year.He can borrow and lend at 9 percent.Ignoring taxes,what will be his total homemade dividend in 1 year?

A) $1,306.93
B) $1,491.00
C) $1,208.15
D) $1,616.55
E) $1,845.15