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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. The firm's dividend per share in 2020 is expected to be $8.51. a. If you can earn 13% on similar-risk investments, what is the most you would be willing to pay per share in 2019, just after the $8.03 dividend? b. If you can earn only 10% 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? (Round to a. If you can earn 13% on similar-risk investments, the most you would be willing to pay per share is $ the nearest cent.) b. If you can earn 10% on similar-risk investments, the most you would be willing to pay per share is $ the nearest cent.) . (Round to v. causing the c. According to the findings in parts a and b, as risk decreases, the required rate of return share price to V. (Select from the drop-down menus.) i Data Table rise fall in order to copy the contents of the data table below (Click on the icon here into a spreadsheet.) Year 2019 2018 2017 2016 2015 2014 Dividend per share $8.03 $7.57 $7.15 $6.74 $6.36 $6.00 Enter your answer in each of

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