ABC Capital is considering a leveraged buyout of OpCo OpCo has had poor operating results over the last few years, with Revenue and EBITDA declining rapidly but ABC Capital believes it has found a management team that will stabilize OpCo OpCo currently has EBITDA of 250 mn and ABC believes that the new management team could keep EBITDA flat for the next 5 years ABC Capital has obtained debt financing of 750 mn at 10 interest, and OpCo expects working capital to be a source of funds at 6 mn per year Depreciation is at 35 mn Opco requires capital expenditures of 35 mn per year, and it has a tax rate of 40 Assume no transaction fees, zero minimum cash required, and that PP&E on the balance sheet remains constant for the next 5 years Assume that excess cash is NOT used to repay debt, and instead simply accumulates on the Balance Sheet Calculate the purchase price required for ABC Capital to obtain a 3 0 x multiple of invested capital ( if it plans to sell OpCo after five years at an EV EBITDA multiple of 6 0 x