Question: help Common stock value-Variable growth Newman Manufacturing is wondering a sesh purchase of the lack of Grips Tool During the year in completed Orge samt

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Common stock value-Variable growth Newman Manufacturing is wondering a sesh purchase of the lack of Grips Tool During the year in completed Orge samt 12.81 per share and path dde of 31.31 per share (0, $1.21) Grip sangs and dividends are expected to grow at 25% per year the the next 3 years after which they are expected to grow 0% per year to infrity What is the maximum pe per share that hemen should pay for Gr hee required of 13% e

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