M&A Assignment 1 (deliver answer in class on 28/10/2019) 1. Corporation has 120 million shares outstanding, which are publicly traded with a current market price of $10 per share. Next year the company is expected to have $60 million in earnings. Forecast revenues are $600 million and EBIT $80 million. Debt outstanding is $150 million. What is the current enterprise value of Corporation? 2. Based on the Jollowing information about Corporation's competitors, what is Corporation's equity value? Price to Earnings 14 Competitors A B 26 15 18 12 CDE M&A Assignment 1 (deliver answer in class on 28/10/2019) 1. Corporation has 120 million shares outstanding, which are publicly traded with a current market price of $10 per share. Next year the company is expected to have $60 million in earnings. Forecast revenues are $600 million and EBIT $80 million. Debt outstanding is $150 million. What is the current enterprise value of Corporation? 2. Based on the Jollowing information about Corporation's competitors, what is Corporation's equity value? Price to Earnings 14 Competitors A B 26 15 18 12 CDE