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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

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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 $8.86 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 $8.52 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? Data table (Click on the icon here into a spreadsheet.)

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