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Common stock value-Variable grows Newman Manufacturing a considering a cash purchase of the stock at Grips Tool. During the year at completes Gripsmed 542 e

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Common stock value-Variable grows Newman Manufacturing a considering a cash purchase of the stock at Grips Tool. During the year at completes Gripsmed 542 e share and paid cash dividends of $2.56 per share (0 - $2.56), pscanings and dividends are greed to grow at 25per year for the next 3 years aher which they are expected to grow 10% per parte inity What is the maximum per here that was pay for Gris hamurdum of 10% ones with risk characteristim to hose of G? The maximum price per share that Newman should pay for Gripa (Round to the reast cant)

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