Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

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

image text in transcribedPlease 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 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 decimals

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

The Economics Of Money Banking And Finance

Authors: Peter Howells, Keith Bain

2nd Edition

0273651080, 978-0273651086

More Books

Students also viewed these Finance questions

Question

5. Describe the relationship between history and identity.

Answered: 1 week ago