discounted with higher discount rate than A 4. Cash flows of both projects have same future values right now given a positive discount rate. 1 Suppose that in January 2020. MSS Fashion Co had sales of $531 million, earning of per share of $1.67, and EBITDA of $51.3 million, excess cash of $107 million. $3.3 million of debt. and 23 million shares outstanding. Using the average enterprise value to EBITDA multiple of 8.49, estimate this firm's share price. Ch 3 1. $22.90 NS - Im x 23 mil =3040930 = 33.41 Miu NI=1.44 x - 2.)$23.45 $21.91 4023 $1.3 x 8.44 4. $24.37 -435.537 51.3 8.237 all 2