1. Woo Financial Services Declared dividends of $1 today. Dividends are expected to remain the constant for 3yrs. After year 3 dividends are expected to grow 5% for 2yrs, 15% for 3yrs after which settle to 12% forever. The risk free rate is 6% and the market risk premium is 7%. Beta risk is 50% higher than that of the market. How much would you pay for a share of Woo financial services today? Show all work