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35. An equity investor is considering purchasing a company which has $1,400 of EBITDA for a 7x multiple. The investor is willing to invest $4,000

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35. An equity investor is considering purchasing a company which has $1,400 of EBITDA for a 7x multiple. The investor is willing to invest $4,000 of equity. Assuming 3 years from now EBITDA is $1,600 and the company is sold for a 7x multiple, what will be the equity return assuming debt was paid down to $5,000

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