Answer questions in Excel only

1. what is the enterprise value of American greetings?

2. what is the entrrprise value EBITDA multiply?

3. Estimate the share price.

Blyth EBITDA EBITDA Multiple 204 3.5 48 11.7 122 5.6 30 6.5 359 NA NA 156 12.2 240 7.1 189 6.0 5.3 EXHIBIT 45.6 I Comparable Firms, End of 2011 (in millions of dollars except share price) Share Shares Total Total Enterprise Price Outstanding Cash Debt Value Revenue American Greetings 12.51 38.3 86 235 714 1,660 56.80 8.2 182 101 568 984 Consolidated Graphics 48.28 10.2 7 197 692 1,050 CSS Industries 19.92 9.7 10 0 194 453 Deluxe 22.76 50.9 31 742 1,901 1,420 Hallmark NA NA NA NA 4,100 Lancaster Colony 69.34 27.3 162 0 1,890 1,090 Meredith 32.65 44.8 26 250 1.712 1,350 Scholastic 29.97 31.1 114 215 1,145 1,950 Bond ROA ROE Beta Rating" American Greetings 7% 11% 1.63 BB+ Blyth 4% 9% 1.60 B Consolidated Graphics 5% 10% 1.45 BB CSS Industries 2% 1.36 Deluxe 13% 55% 1.85 B Hallmark NA NA NA Lancaster Colony 14% 19% 0.42 Meredith 7% 15% 1.75 BB Scholastic 6% 8% 1.04 BB- NA 4%