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ANSWER THE FOLLOWING QUESTIONS BASED ON EXHIBIT 4 10. Assume that Company A was sold at the end of 2011 for a 5. 5 x

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ANSWER THE FOLLOWING QUESTIONS BASED ON EXHIBIT 4 10. Assume that Company A was sold at the end of 2011 for a 5. 5 x multiple of EBITDA , and the purchase price was financed in part with $3 , 500 of debt . If the company is sold at the end of 2013 for this same 5.5 x multiple , what is the equity return ( assuming no debt paydown )

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