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Please show work Question 2 A target company's LTM EBITDA is $1,352 million and its LTM Sales are $14 billion. Its closest comparable company, has
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Question 2 A target company's LTM EBITDA is $1,352 million and its LTM Sales are $14 billion. Its closest comparable company, has an EV/EBITDA multiple of 18x. The target company has total debt of $1,315 million and 108 million outstanding shares. What is the company's implied stock price per share? Note: do not enter your answer with a dollar sign, simply enter the numerical answer. ROUND your answer to two decimalsStep by Step Solution
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