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4. An analyst for Insincerity, Inc. has researched the EV / EBITDA multiples of comparable firms to its acquisition target, Sincerity Ltd. The comps are:

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4. An analyst for Insincerity, Inc. has researched the EV / EBITDA multiples of comparable firms to its acquisition target, Sincerity Ltd. The comps are: Firm A Firm B Firm EV/EBITDA multiple 12.1 8.9 11.1 You can assume that all these firms are comparable to Sincerity Ltd. in all relevant respects industry, size, etc...). Sincerity Ltd. has EBITDA of $213m, net debt of $1.2b, and 40m shares outstanding. How much is Sincerity Ltd.'s equity worth on a per share basis? (S26.98)

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