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 $9.93. a. If you can earn 15% on similar-risk investments, what is the most you would be willing to pay per share in 2019 , just after the $9.37 dividend? b. If you can earn only 12% 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 15% 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 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 $9.93. a. If you can earn 15% on similar-risk investments, what is the most you would be willing to pay per share in 2019 , just after the $9.37 dividend? b. If you can earn only 12% 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 15% on similar-risk investments, the most you would be willing to pay per share is $ (Round to the nearest cent.)