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estimated market value of equity of the company is 55m, its net debt is 21m, excess cash of 5m and EBIT amounts to 120m, What

estimated market value of equity of the company is 55m, its net debt is 21m, excess cash of 5m and EBIT amounts to 120m, What is the implied EV/EBIT multiple closest to?

A.0.25

B.0.67

C.0.63

D. None of them

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