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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, per share in 2020 is expected to be $7.09. 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 $6.69 dividend? 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? a. If you can earn 12% 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 9% 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.) Data table (Click on the icon here in order to copy the contents of the data table below into a spreadsheet.)