During the most recent fiscal year, a company had revenues of $325 million and earnings of $15 million. It has filed a registration statement with the SEC for its IPO. Before the stock is offered, its investment bankers would like to estimate the value of the company using comparable companies. The following information is based on data from other companies in the same industry that have recently gone public. In each case, the ratios are based on the IPO price. Find the reasonable range of the IPO price if the companv will have 15 million shares sutstanding