Common stock valueVariable growth

Newman manufacturing is considering a cash purchase of the stock of Grips Tool. During the year just completed, Grips earned $2.88 per share and paid cash dividends of $1.18 per share D0equals=$ 1.18). Grips' earnings and dividends are expected to grow at 40% per year for the next 3 years, after which they are expected to grow 7% per year to infinity. What is the maximum price per share that Newman should pay for Grips if it has a required return of 14% on investments with risk characteristics similar to those of Grips?

The maximum price per share that Newman should pay for Grips is $ ?