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Company X is expected to have $ 1 5 . 0 milion in net earnings in the next 1 2 months, Forecastsfor sales and EBITDA
Company X is expected to have $ milion in net earnings in the next months, Forecastsfor sales and EBITDA are $ million and $ million respectively for the next months.Debt outstanding is $ million. The company has no excess cash on the balance sheet.Comparable public companies that specialize in a similar product are trading at a price toearnings ratio of times. The average enterprise value to EBITDA multiple for the samelist of companies is times.
What is the implied equity value for a minority interest holding in Company X using therelative value method?
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