Homework: Chapter 7 Stock Valuation Save Score: 0 of 10 pts 10 of 18 (7 complete) HW Score: 32%, 32 of 100 pts 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 $3.58 a. If you can eam 14% on similar-risk investments, what is the most you would be willing to pay per share in 2019, just after the $3.48 dividend? b. If you can earn only 11% 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? i Data Table a. If you can earri 14% on similar-risk investments, the most you would be willing to pay per share is $ . (Round to the nearest cent.) (Click on the icon located on the top-right corner of the dala table below in order to copy its contents into a spreadsheet.) Year 2019 2018 2017 2016 2015 2014 Dividend per share $3.48 $3.38 $3.28 $3.18 $3.09 $3.00 Print Done