integrative Risk and Valuation. Hamin Sleel Company wishes to determine the value of Craft foundry, a frm that it is considering acouining for cash. Hamin wishes to delertine the applicabie believes that an appropriale risk premim on Craft stock is about 6%. The risk free fate is curenty 6%. Craft's avidend per thare for each of the past 6 years a shown in the folowing teble. a. Oiven that Craft is expected to poy a dividend of $2.83 next yeat, detormine the manmum cath price that Hamin sheuld pay for aach share of Craft (Hint. Plound the growth rath is the nearest whole percent.) b. Describe the ettect on the resulting value of Craft trom. (1) A decrease in its dividend growth rate of 2% from that exhibted over the 2017.2022 period. (2) A decrease in its risk premium to 7%. a. The required return on Craft's stock is 14%. (Round to the nearest whole percentage) The maximum cash price that Hamlin should pay for each thare of Crat is $ (Round to the nearest cent)