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Common stock value - Constant growth Personal Finance Problem Over the past 6 years, Elk County Telephone has paid the dividends shown in the following

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Common stock value - Constant growth Personal Finance Problem Over the past 6 years, Elk County Telephone has paid the dividends shown in the following table, The firm's dividend per share in 2020 is expected to be $9.93. a. If you can earn 11% on similar-risk investments, what is the most you would be willing to pay per share in 2019 , just after the $9.37 dividend? b. If you can earn only 8% on similar-risk investments, what is the most you would be willing to pay per share? c. Compare your findings in parts a and b, what is the impact of changing risk on share value? a. If you can earn 11% on similar-risk investments, the most you would be willing to pay per share is $ (Round to the nearest cent.) Data table (Click on the icon here in order to copy the contents of the data table below into a spreadsheet.)

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