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CON 5 of 8 (2 complete) HW Score: 10.91%. 4.8 of 44 P7-12 (similar to) Question Help Common stock value-Constant growth Personal Finance Problem Over

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CON 5 of 8 (2 complete) HW Score: 10.91%. 4.8 of 44 P7-12 (similar to) Question Help 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 $9.00 a. If you can earn 12% on similar-risk investments, what is the most you would be willing to pay per share in 2019. just after the $8.42 dividend? b. If you can eam only 9% 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 eam 12% on similar-risk Investments, the most you would be willing to pay per share is $. (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 2019 2018 2017 2016 2015 2014 Dividend per share $8.42 $7.86 $7.35 $6.87 $6.42 $6.00 Print Done box and then click Check Answer. Clear All

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