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Newman Manufacturing is considering a cash purchase of the stockof Grips Tool. Duringthe year just completed, Grips earned $4.25 per share and paid cashdividends of

Newman Manufacturing is considering a cash purchase of the stockof Grips Tool. Duringthe year just completed, Grips earned $4.25 per share and paid cashdividends of $2.55 pershare. Gripsâ?? earnin 2 answers

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