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 $7.59. a. If you can earn 12% on similar-risk investments, what is the most you would be willing to pay per share in 2019, just after the $7.30 dividend? b. If you can earn only 9% 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 12% on similar-risk investments, the most you would be willing to pay per share is $ . (Round to the nearest cent.) CEL) Year 2019 2018 2017 2016 2015 2014 Dividend per share $7.30 $7.02 $6.75 $6.49 $6.24 $6.00