Question 4

Common stock value - Constant growth Personal Finance Problem Ovor the past 6 years, Es County Telephone has paid the dividends shown in the following table, The firm's dividend per share in 2020 in expected to be $2.84 a. If you can earn 12% on similar-risk investments, what is the most you would be willing to pay per share in 2019 , just after the $2.68 dividend? b. If you can eam only 9% on similar-risk investments, what is the most you would be wiiling 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 5 (Round 10 the nearest cent.) Data table (Click on the icon here in order to copy the contents of the data table below into a spreadsheet.)