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o 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.

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o 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 $2.53. a. If you can eam 12% on similar-risk investments, what is the most you would be willing to pay per share in 2019, just after the $2.43 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 cont.) b. If you can com 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 retum cauting the share price to (Select from the drop-down menus.) at growth Personal Finance Problem Over the past 6 years, Elk County Telephone has paid the divid er si - Data Table 1.43 divid r-ris mila as a in order to copy the contents of the data table below (Click on the icon here into a spreadsheet.) pent.) ar-ris ent.) r-risk parts Year 2019 2018 2017 2016 2015 2014 Dividend per share $2.43 $2.34 $2.25 $2.16 $2.08 $2.00 $ Print Done of the answer boxes

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