please only do second question labled: COMMON STOCK VALUE VARIALE GROWTH. i have completed the first one

SUN Common stock value-Constant growth Personal Finance Problem Over the past 6 years, Ek County Telephone has paid the dividends shown in the following table. The firm's dividend per share in 2020 is expected to be $2.68 all you can earn 16% on simlar-risk investments, what is the most you would be willing to pay per share in 2019, just after the $2.55 dividend? b. If you can earn only 13% on similar risk investments, what is the most you would be willing to pay per share? t. Compare your findings in parts a and b, what is the impact of changing risk on share value? a. If you can earn 16% on simtar-risk investments, the most you would be willing to pay per share is $ (Round to the nearest cent.) b. If you can eam 13% 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 partea and b, as risk decreases, the required rate of return causing the share price to (Select from the drop-down menus.) Question Viewer 18 25 C Common stock value-Variable growth Newman Manufacturing is considering a cash purchase of the stock of Grips Tool. During the year just completed, Grips earned $2.95 per share and paid cash dividends of $1.25 per share (0 - $1.25). Grips' earnings and dividends are expected to grow at 30% per year for the next 3 years, after which they are expected to grow 7% per year to Infinity. What is the maximum price per share that Newman should pay for Grips if it has a required return of 12% on investments with risk characteristics similar to those of Grips? The maximum price per share that Newman should pay for Grips is $ (Round to the nearest cent) lew SUN