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 $7.09. 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 $6.69 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? (Round to the nearest cent.) a. If you can earn 15% on similar-risk investments, the most you would be willing to pay per share is $ (Round to the nearest cent.) b. If you can earn 12% on similar-risk investments, the most you would be willing to pay per share is $ causing the share price to (Select from the drop-down c. According to the findings in parts a and b, as risk decreases, the required rate of return menus.) 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 $7.09. 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 $6.69 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? (Round to the nearest cent.) a. If you can earn 15% on similar-risk investments, the most you would be willing to pay per share is $ (Round to the nearest cent.) b. If you can earn 12% on similar-risk investments, the most you would be willing to pay per share is $ causing the share price to (Select from the drop-down c. According to the findings in parts a and b, as risk decreases, the required rate of return menus.)