The owners of Arthouse Inc., a national artist supplies chain, are contemplating purchasing Craftworks Inc. a smaler chain Athouse's analysts prjec hat te negrl result in incremental free flows and interest tax savings with a combined present value of $72 52 milion, and they have determined that the appropriate dcaunt valuing Craftworks is 16%. Craftworks has 4 million shares outstanding and no debt Cratworks curent price is $16 25 What is the mainun pica peh t Arthouse should offer? Ipoints Soe Anse $16.25 $16.97 $17.42 $18.13 $19.00 Queston 3 A Moving to another question will save this response rch