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Common stock valueConstant growth Common stock value-Constant growth Personal Finance Problem Over the past 6 years, Elk County Telephone has paid the dividends shown in

image text in transcribedCommon stock valueConstant growthimage text in transcribed

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, B. The firm's dividend per share in 2023 is expected to be $1.42 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 $1.34 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? a. If you can earn 16% on similar-risk investments, the most you would be willing to pay per share is S. (Round to the nearest cent.) Data Table (Click on the icon here in order to copy the contents of the data table below into a spreadsheet.) Year 2022 2021 2020 2019 2018 2017 Dividend per share $1.34 $1.26 $1.19 $1.12 $1.06 $1.00 Print Done Over the past 6 years, Elk County Telephone has paid the dividends shown in the following table, The firm's dividend per share in 2023 is expected to Common stock valueConstant growth Personal Finance Problem be $1.42. 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 $1.34 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? a. If you can earn 16% on similar-risk investments, the most you would be willing to pay per share is $. (Round to the nearest cent.)

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