Schultz Industries is considering the purchase of Arras Manufacturing. Arras is currently a supplier for Schultz, and the acquisition would allow Schultz to better control its material supply. The current cash flow from assets for Arras is $$7\mathrm{.}2$ million. The cash flows are expected to grow at $6$ percent for the next five years before leveling off to $3$ percent for the indefinite future. The cost of capital for Schultz and Arras is $10$ percent and $8$ percent, respectively. Arras currently has $3$ million shares of stock outstanding and $$25$ million in debt outstanding.

What is the maximum price per share Schultz should pay for Arras?