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Answer questions 37-38 based on the following information: 2017 2020 EBITDA 800 1200 | 38. Now assume that the company was purchased for an 7x

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Answer questions 37-38 based on the following information: 2017 2020 EBITDA 800 1200 | 38. Now assume that the company was purchased for an 7x multiple in 2017, but in this case $4,500 of debt was used. Assume that in 2020 the company is sold for a 7x multiple, and there is still $4,500 of debt outstanding when the company is sold. What is the equity return

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