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Common stock valueConstant growth Personal Finance Problem Over the past 6 years, Elk County Telephone...

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Common stock valueConstant growth Personal Finance Problem Over the past 6 years, Elk County Telephone has paid the dividends shown in the following table, B. The firm's dividend per share in 2023 is expected to be $4.78. a. If you can earn 13% on similar-risk investments, what is the most you would be willing to pay per share in 2022, just after the $4.64 dividend? b. If you can earn only 10% 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? - Data table (Click on the icon here in order to copy the contents of the data table below into a spreadsheet.) Year 2022 2021 2020 2019 2018 2017 Dividend per share $4.64 $4.50 $4.37 $4.24 $4.12 $4.00 Print Done

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