please show all written work/formulas. will upvote thank you!

You work for KKR and are evaluating the return on a possible acquisition of Murray Manufacturing, a very well-managed business indeed. You believe that the company can be purchased for 8x 2021 EBITDA. In 2021, MM had revenues of $250MM and an EBITDA margin of 50%. Revenue is expected to grow by $25MM each year in the foreseeable future. You expect that D & A will be 10% of revenue and so will CAPX. You do not anticipate any change in working capital. MM has a tax rate of 50%. You plan to use 50% debt to finance the acquisition (at an interest rate of 10%) and will sell the business at the end of Year 3 for 8X EBITDA. What is your Multiple of money and what is your annual expected return? 2021 2022 2023 2024