Trax Industries is considering the purchase of Duke Manufacturing. Duke is currently a supplier for Trax, and the acquisition would allow Trax to better control its material supply. The current cash flow from assets for Duke is $8 million. The cash flows are expected to grow at 6 percent for the next five years before levelling off to 4 percent for the indefinite future. The weighted average cost of capital used for the valuation of Duke is 9 percent. Duke currently has 3 million shares of stock outstanding and $22 million in debt outstanding. What is the maximum price per share Trax should pay for Duke? O A. $53.181 B. $60.51 O C. $63.181 O D.$55.85