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Common stock value-Constant growth Personal Finance Problem Telephone has paid the dividends shown in the following table. expected to be $5.06. Over the past
Common stock value-Constant growth Personal Finance Problem Telephone has paid the dividends shown in the following table. expected to be $5.06. Over the past 6 years, Elk County The firm's dividend per share in 2020 is 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 $4.87 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? a. If you can earn 13% on similar-risk investments, the most you would-be willing to pay per share is $ the nearest cent.) (Round to
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