Common stock value Variable growth Newman Manufacturing is cordering a cash purchase of the stock of Grips Tool During the you just completed. Grossumed 5392 per share and pud cash dividends of $222 per share (0, 32.27) Grps' earrings and dividends are expected to grow at 30% per year for the next 3 years, wer which they are expected to growers per year to inity What is the maximum prce per share the Newman should pay for it has a required retum of 15% on investments with risk characteristics similar to those of Gips? The maximum price per share that Newman should pay for Grips is sound to the newest cent)