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Common stock valueConstant growth Personal Finance Problem Over the past 6 years. Elk County Telephone has paid the dividends shown in the following table B.

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Common stock valueConstant growth Personal Finance Problem Over the past 6 years. Elk County Telephone has paid the dividends shown in the following table B. The firm's dividend per share in 2023 is expected to be $8.51. a. If you can earn 16% on similar-risk investments, what is the most you would be willing to pay per share in 2022, just after the $8.03 dividend? b. If you can earn only 13% 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 a. If you can eam 16% on similar-risk investments, the most you would be willing to pay per share is $. (R copy the contents of the data table below (Click on the icon here in order into a spreadsheet.) Year 2022 2021 2020 2019 2018 2017 Dividend per share $8.03 $7.57 $7.15 $6.74 $6.36 $6.00 Print Done

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