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Consider a company which had revenues of $49 million over the last twelve months. Depreciation and amortization expenses were $5 million. Operating margin was 34.9%.

Consider a company which had revenues of $49 million over the last twelve months. Depreciation and amortization expenses were $5 million. Operating margin was 34.9%. It has $20 million of debt, $3 million in cash, and 13 million shares outstanding. Comparable companies are trading at an average trailing EV/EBITDA multiple of 18. How much is each share worth using relative valuation? Round to one decimal place.

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