Which of the following pairs of earnings measures estimate a firm's enterprise value and equity value when
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Which of the following pairs of earnings measures estimate a firm's enterprise value and equity value when ap- plying a price multiple to the measure?
a. EBITDA (enterprise value); net income (equity value).
b. EBITDA (equity value); net income (enterprise value).
c. EBITDA (enterprise value); EBIT (equity value).
d. EBITDA (equity value); EBIT (enterprise value).
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