Elk County Telephone has paid the dividends shown Common stock value- Constant growth Personal Finance Problem in the following table over the previous 6 years: The firm's dividend per share next year is expected to be $5.67, a. If you can earn 12% on similar risk investments, vvhat is the most you would be willing to pay per share? b. If you can earn 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? (Round to the a. If you can earn 12% on similar risk investments, the most you would be willing to pay per share is $ nearest cent) b. If you can earn 9% on similar-risk investments, the most you would be willing to pay per share is S cent.) Round to the nearest | , causing the share price c. According to the findings in parts a and b, as risk decreases, the required rate of returr . (Select from the drop-down menus.) Enter your answer in each of the answer boxes