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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,

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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, EEB. The firm's dividend per share in 2020 is expected to be $10.12 a. If you can earn 14% on similar risk investments, what is the most you would be willing to pay per share i 2019 Lst ater the 9.73 dividend? b. If you can earn only 1 1% 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? (Click on the icon located on the top-right corner of the data table below in order to copy its contents into a spreadsheet.) Year Dividend per share 2019 2018 2017 2016 2015 2014 $9.73 $9.36 $9.00 $8.65 $8.32 $8.00

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