16. After researching the competitors of EJH Enterprises, you determine that most comparable firms have the following valuation ratios (see for the data in Excel format):

EJH Enterprises has EPS of $2, EBITDA of $300 million, $30 million in cash, $40 million in debt, and 100 million shares outstanding. What range of prices is consistent with both sets of multiples?

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Comp 1 Comp 2 Comp 3 Comp 4 EV/EBITDA 12 11 12.5 10 P/E 19 18 20 17