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14.Valuation - Multiple Exhibit 11 provides several multiples based on peers. What is the enterprise value of based on the EBITDA multiple for ThyssenKrupp? Use

14.Valuation - Multiple

Exhibit 11 provides several multiples based on peers. What is the enterprise value of based on the EBITDA multiple for ThyssenKrupp? Use CY '14 values. [5 points]

A.$ 16.508 Billion

B.$ 19.055 Billion

C.$ 21.718 Billion

D.$ 37.755 Billion

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