Question Help 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 2020 is expected to be $4.50. 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 $4.21 dividend? b. If you can earn only 12% on similar-risk investments, what is the most you would be willin 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.) f you can earn 12% on similar-risk investments, the most you would be willing to pay per share is $ (Round to the nearest cent.) b. V. (Select from the drop-down , causing the share price to c. According to the findings in parts a and b, as risk decreases, the required rate of return menus Data Table decreases increases (Click on the icon located on the top-right corner of the data table below in order to copy its contents into a spreadsheet.) Year Dividend per share 2019 $4.21 2018 $3.93 2017 $3.68 2016 $3.43 2015 $3.21 2014 $3.00 Enter Print Done