Common stock value Constant growth Personal Finance Problem Over the past 6 years, Elk County Telephone has paid the 6 dividends shown in the following table, E. The firm's dividend per share in 2023 is expected to be $1.19. a. If you can earn 11% on similar-risk investments, what is the most you would be willing to pay per share in 2022, just after the $1.16 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 in order to copy the contents of the data table below into (Click on the icon here a spreadsheet.) Year 2022 2021 2020 2019 2018 2017 Dividend per share $1.16 $1.13 $1.09 $1.06 $1.03 $1.00