Given the following information, estimate the price per share of a firm's common equity.

Peer group EV/EBITDA multiple	15.20x
Subject company TTM EBIT	100,467
Subject company TTM D&A	14,631
Subject company Net Debt	85,194
Subject company working capital	50,084
Subject company shares outstanding	154,000

		10.81
		7.30
		12.80
		8.71

10 points

QUESTION 13

The market approach is a type of __________ valuation. The dividend discount model is a type of ____________ valuation. Discounting free cash flows is a type of ___________ valuation.

		Intrinsic; intrinsic; intrinsic
		Relative; intrinsic; intrinsic
		Intrinsic; intrinsic; relative
		Relative; relative; intrinsic