Part 1 of 3 Points: 0 of 10 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 $8.51. a. If you can earn 11% on similar-risk investments, what is the most you would be willing to pay per share in 2019, just after the $8.03 dividend? b. If you can earn only 8% 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? BOLEH a. If you can earn 11% on similar-risk investments, the most you would be willing to pay per share is $ (Round to the nearest cent.)

Common stock value - Constant growth Pursonal Finance Problem Over the past 5 yeas, Elk County Telephone has paid the dividends shown in the following tabi 7ff. The firmis dindend per share in 2020 is expected to be $851 a. If you can earn 11% on similar-fisk inestments, what is the most you would be willing to pay per nhare in 2019 , just ater the $8.03 dinsdend? b. If you can earn only 6% on simelar-rik ievestments, what is the most you would be willing to pay per share? c. Compare yout findings in parts a and b, what is the impact of changing nsk on share value? a. If you can eam 11% on s.milar-ngk invetments, tha maat you would be wiling to pay per ahare is ? (Round to the nearest cent.) Common stock value - Constant growth Pursonal Finance Problem Over the past 5 yeas, Elk County Telephone has paid the dividends shown in the following tabi 7ff. The firmis dindend per share in 2020 is expected to be $851 a. If you can earn 11% on similar-fisk inestments, what is the most you would be willing to pay per nhare in 2019 , just ater the $8.03 dinsdend? b. If you can earn only 6% on simelar-rik ievestments, what is the most you would be willing to pay per share? c. Compare yout findings in parts a and b, what is the impact of changing nsk on share value? a. If you can eam 11% on s.milar-ngk invetments, tha maat you would be wiling to pay per ahare is ? (Round to the nearest cent.)