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Assume that a venture is expected to have an EBITDA of $1,500,000 at the end of five years from now. If the ventures value is
Assume that a venture is expected to have an EBITDA of $1,500,000 at the end of five years from now. If the ventures value is expected to be $15,000,000, what valuation multiple was being assumed?
a. 1 time |
b. 4 times |
c. 8 times |
d. 10 times |
e. 12 times |
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