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CSH has EBITDA of $4 million. You feel that an appropriate EV/EBITDA ratio for CSH is 9. CSH has $7 million in debt, $2 million

CSH has EBITDA of $4 million. You feel that an appropriate EV/EBITDA ratio for CSH is 9. CSH has $7 million in debt, $2 million in cash, and 725,000 shares outstanding. What is your estimate of CSH's stock price? (Round to the nearest cent.)

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