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Gannet is a newspaper publishing company with an EBITDA of $50 million, cash of $20 million, debt of $90 million, and 10 million shares outstanding.

Gannet is a newspaper publishing company with an EBITDA of $50 million, cash of $20 million, debt of $90 million, and 10 million shares outstanding. The publishing industry as a whole has an average EV/EBITDA ratio of 8. What is one estimate of Gannets stock price?

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