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Data table (Click on the icon here in order to copy the contents of the data table below into a spreadsheet.) Common stock value-Constant growth

image text in transcribedimage text in transcribed Data table (Click on the icon here in order to copy the contents of the data table below into a spreadsheet.) 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 2023 is expected to be $3.02. a. If you can earn 13% on similar-risk investments, what is the most you would be willing to pay per share in 2022 , just after the $2.87 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 $. (Round to the nearest cent.) b. If you can earn 10% on similar-risk investments, the most you would be willing to pay per share is $. (Round to the nearest cent.) c. According to the findings in parts a and b, as risk decreases, the required rate of return , causing the share price to (Select from the drop-down menus.)

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