All questions related to Safaricom are independent and the amounts and values in each question are different. Read the question carefully each time. Safaricom makes two products: E-SIM and regular cell phone sim cards for Telecom providers. The regular sim cards sell for $7.8 each. Safaricom sells 1133380 regular sim cards each year to Telecom providers. Safaricom's annual fixed costs for the regular sim card division is $627000 per year. The variable cost per sim card is $3.3. The total investment attributable to regular sim cards is $6070000. Safaricom has a minimum acceptable rate of return (required rate of return) on investment of 9%. Safaricom has been thinking of outsourcing the regular sim card production so that it can focus on the E-SIM division. Kinnetic Inc. has approached Safaricom to produce the regular sim cards for Safaricom. Safaricom would completely eliminate the variable production cost for the regular sim cards but still have to pay the variable selling and admin cost per regular sim card. Overall, from the variable cost per sim card of $3.3, they would be able to save $1.3 per sim card. If Safaricom outsources the production of regular sim cards, they can eliminate 51% of the fixed costs and assets attributable to regular sim cards. What is the maximum price per regular sim card that Safaricom's would be willing to pay Kinnetic Inc. to outsource the production of regular sim cards without affecting its existing residual income? Round your final answer to 2 decimal places. Round interim calculations to 3 decimal points. Do not include any dollar signs, percentage % signs, commas, and/or spaces in your answer. Your answer should only include numbers. Your Answer: MacBook Pro