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Newman Manufacturing is considering a cash purchase of the stockof Grips Tool. During the year just completed. Grips earned$2.97 per share and paid cash dividends

Newman Manufacturing is considering a cash purchase of the stockof Grips Tool. During the year just completed. Grips earned$2.97 per share and paid cash dividends of$1.27 per share (D_0=$1.27). Gri 2 answers

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