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 $4.78. a. If you can earn 15% on similar-risk investments, what is the most you would be willing to pay per share in 2019, just after the $4.64 dividend? b. If you can earn only 12% 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 15% on similar-risk investments, the most you would be willing to pay per share is $ to the nearest cent.) (Round (Click on the icon here e in order to copy the contents of the data table below into a spreadsheet.) Year Dividend per share 2019 $4.64 2018 $4.50 2017 $4.37 2016 $4.24 2015 $4.12 2014 $4.00 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 $4.78. a. If you can earn 15% on similar-risk investments, what is the most you would be willing to pay per share in 2019, just after the $4.64 dividend? b. If you can earn only 12% 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 15% on similar-risk investments, the most you would be willing to pay per share is $ to the nearest cent.) (Round (Click on the icon here e in order to copy the contents of the data table below into a spreadsheet.) Year Dividend per share 2019 $4.64 2018 $4.50 2017 $4.37 2016 $4.24 2015 $4.12 2014 $4.00