Common stock value-Constant growth Personal Finance Problem The firm's dividend per share in 2020 is expected to be $8.51. 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 $8.03 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? 10 Over the past 6 years, Elk County Telephone has paid the dividends shown in the following table, an example a. If you can earn 11% on similar-risk investments, the most you would be willing to pay per share is $ Get more help. www 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 (Round to the nearest cent.) Print Dividend per share $8.03 $7.57 $7.15 $6.74 $6.36 $6.00 Done - X answer In In Int Inb

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 divdend per share in 2020 is expected to be 58.51 . a. If you can eam 11% on simlar-fisk irvestments, what is the most you would be willing to pay per share in 2019 , just after the 58.03 dindend? b. If you can earn only 6% on simlar-risk irvestments, what is the most you would be wiling to pay per share? c. Compare your findings in parts a and b, what is the ienpact of chang nou rak on share value? a. If you can eam 11% on similar-fisk, imestments, the most you would be willag to pay per share is 5 (Round to the nearest cent) Data table