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A company has 58 million shares trading at $5.03 per share. The balance sheet shows debt of $140 million and cash of $17 million. The
A company has 58 million shares trading at $5.03 per share. The balance sheet shows debt of $140 million and cash of $17 million. The income statement reports depreciation and amortization of $8 million, EBIT of $49 million and net interest expense of $34 million . What is the company's EV/EBITDA ratio (to one decimal place)
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