will get A half of time, cant get B

Elk County Telephone has paid the dividends shown in the following table over the previous 6 years: The firm's dividend per share next year is expected to be $6.33. If you can earn 13% on similar-risk investments, what is the most you would be willing to pay per share? If you can earn only 10% on similar-risk investments, what is the most you would be willing to pay per share? Compare your findings in parts a and b, what is the impact of changing risk on share value? (Click on the icon located on the top-right comer of the data table below in order to copy its contents into a spreadsheet.)