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(e) Suppose that in January 2006, Kenneth Cole Productions had EPS of $1.65, sales of $518 million, EBITDA of $55.6 million, excess cash of $100

(e) Suppose that in January 2006, Kenneth Cole Productions had EPS of $1.65, sales of $518 million, EBITDA of $55.6 million, excess cash of $100 million, $3 million of debt, and 21 million shares outstanding. Suppose that Tommy Hilfiger Corporation has an enterprise value to EBITDA multiple of 7.19 and a P/E multiple of 17.2. What share price would you estimate for KCP using each of these multiples?

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