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, E. The firm's dividend per share in 2023 is expected to be $11.35. 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 $10.71 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? a. If you can earn 13% on similar-risk investments, the most you would be willing to pay per share is S. (Round to the nearest cent.) b. If you can earn 10% on similar-risk investments, the most you would be willing to pay per share is S. (Round to the nearest cent.) c. According to the findings in parts a and b, as risk decreases, the required rate of return causing the share price to (Select from the drop-down menus.)

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, E. The firm's dividend per share in 2023 is expected to be $11.35. 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 $10.71 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? a. If you can earn 13% on similar-risk investments, the most you would be willing to pay per share is S. (Round to the nearest cent.) b. If you can earn 10% on similar-risk investments, the most you would be willing to pay per share is S. (Round to the nearest cent.) c. According to the findings in parts a and b, as risk decreases, the required rate of return causing the share price to (Select from the drop-down menus.)

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Description: please help me analyze and asnwer the questions with formula so that i can learn and get ready for my exam :< Common stock value-Constant growth Personal Finance Problem Over the past 6 years, Elk County Telephone has paid the dividends shown in the

EBK CONTEMPORARY FINANCIAL MANAGEMENT

14th Edition

ISBN:9781337514835

Author:MOYER

Publisher:MOYER

Chapter7: Common Stock: Characteristics, Valuation, And Issuance

Section: Chapter Questions

Problem 6P

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