Question 1 (15 points): Assume that your firm has an opportunity to purchase JustEnuf, Inc. for$15.60 per share. Although you are very much interested, you are concerned whether or not this is a fairly priced offer. Last year's cash flows for JustEnuf were $595,000 and cash flows are projected to increase at 15% per year for the next four (4) years. You have also obtained other key values as listed below. According to your analysis, what is the maximum amount you should pay per share to acquire Just Enuf? Other data: Growth rate of cash flows beyond year 4 2% indefinitely Cost of capital for your firm 8% Number of shares of Good Enuf common stock outstanding 1,200,000