Question: I need help for this question. The question goes as followed: Elk county Telephone has paid the dividends shown in the following table over the
I need help for this question. The question goes as followed:
"Elk county Telephone has paid the dividends shown in the following table over the previous 6 years: the firms dividend per share next year is expected to be $10.72.
A. If you can earn 12% on similar-risk investments, what is the most you would be willing to pay per share?
B. If you can earn only 9% 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?"
Please answer all three parts and round to the nearest cent or by two decimal places depending on whether your answer is a dollar amount or not. The picture is the table needed.
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