Homobonus Industries is considering the acquisition of Aquinas Manufacturing. Aquinas is currently a supplier to Homobonus and the acquisition would give Homobonus greater control over its material supply. Aquinas' current cash flow from assets is $$7\mathrm{.}5$ million. Cash flow is expected to grow $8\%$ over the next five years and then stabilize at $4\%$ for the indefinite future. Capital costs for Homobonus and Aquinas are $12\%$ and $10\%$ respectively. Aquinas currently has $3$ million shares outstanding and $$25$ million in outstanding debt.

What is the maximum price per share that Homobonus should pay for Aquinas? Show the results of your calculations.