Common stock value Constant growth Personal Finance Problem The firm's Over the past 6 years, Elk County Telephone has paid the dividends shown in the following table, dividend per share in 2020 is expected to be $2.53. 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 $2.43 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? a. If you can earn 13% on similar-risk investments, the most you would be willing to pay per share is $ (Round to the nearest cent.) X n the f P Data Table - $2 me nve (Click on the icon located on the top-right corner of the data table below in order to copy its contents into a spreadsheet.) vha Year Dividend per share $2.43 me 2019 $2.34 2018 $2.25 2017 $2.16 2016 2015 $2.08 $2.00 2014 Print Done han click Chock Ancwor