Over the past 6 years, Elk County Telephone has paid the dividends shown in the folowing table, . The firm's dividend per share in 2020 is expected to be $5.36 Common stock value-Constant growth Personal Finance Problem a. If you can eam 15% on similar-risk investments, what is the most you would be willing to pay per share in 2019, just after the S5.11 dividend? b. If you can earn only 12% 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 eam 15% on similar-risk investments, the mast you wauld be willing to pay per share is $ (Round to the nearest cent.) b. If you can earn 12 % on similar-risk investments, the most you would (Round to the nearest cent.) willing to pay per share is S V causing the share price to According to the findings in parts a and b, as risk decreases, the required rate of return . (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.) Dividend per share Year $5.11 $4.86 2019 2018 2017 $4.63 2016 $4.41 2015 $4.20 $4.00 2014 Print Done