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A company has 62m shares trading at $4.87 per share. The balance sheet shows debt of $144m and cash of $24m. The income statement reports

A company has 62m shares trading at $4.87 per share. The balance sheet shows debt of $144m and cash of $24m. The income statement reports depreciation & amortisation of $14m, EBIT of $49m and net interest expense of $34m. What is the company's EV/EBITDA ratio (to one decimal place)?

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