Question: Common stock value - Constant growth Personal Finance Problem Over the past 6 years, Elk County Telephone has paid the dividends shown in the following

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 2023 is expected to be $5.36. a. If you can earn 11% on similar-risk investments, what is the most you would be willing to pay per share in 2022, just after the $5.11 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? a. If you can earn 11% on similar-risk investments, the most you would be willing to pay por share is $ (Round to the nearest cont.) Data table (Click on the icon here in order to copy the contents of the data table below into a spreadsheet.)
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