round to nearest cent

Common stock value-Variable growth Newman Manufacturing is considering a cash purchase of the stock of Orps Tool During the year jat completed Gres eamed $4 13 per share and paid cash dividends of $2.43 per share D$243 Gamings and dividends are expected to grow at 20% per year for the next 3 years after which they are expected to grow e per year to infinity What is the maximum price per share that Newman should pay for Grips has a reedum of 10% on investments with risk hardes simtar to those of Gr