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 $6.00. a. If you can earn 11% on similar-risk investments, what is the most you would be willing to pay per share in 2019, just after the $5.61 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 (Click on the icon here in order to copy the contents of the data table below into a spreadsheet.) Year 2019 2018 2017 2016 2015 2014 Dividend per share $5.61 $5.24 $4.90 $4.58 $4.28 $4.00 Print Done