ilovefinance LLC makes Al blankets. Interested in finding out the valuation for her the company the CEO zeros down on a couple of comparable firms. The Montauk Coverlet company and the Provincetown Bed Monsters. These companies are currently trading at PE multiples of 8.56 and 9.48 respectively. Using the average PEmultiple of the comparable firms, calculate the price that the CEO can expect per share of ilovefinance LLC in the coming year. You have the following information: a) The company will assume a debt of $500,000 for setting up a manufacturing unit in Mexico. b) The CEO expects that she can sell 5,000 blankets at a price point of $150 in the coming year. C) EBITDA is 30% of gross sales d) Depreciation is $20,000 per year d) Tax rate is 21 % e) Interest on debt is 10% per year (Interest Amount = Debt * Interest Rate) c) For unforeseen issues the CEO would like to keep $100,000 reserved in cash. d) To begin with, the CEO will issue only 100,000 shares to be distributed among friends and family