Question
Price $65 Debt $545M Equity $9,087M Cash $3,630M EBITDA $2,770M Shares Outstanding 487M The industry average marketminustominusbook ratio for the airline industry is 3. Estimate
| Price | $65 |
| Debt | $545M |
| Equity | $9,087M |
| Cash | $3,630M |
| EBITDA | $2,770M |
| Shares Outstanding | 487M |
The industry average
marketminustominusbook
ratio for the airline industry is 3. Estimate the fair value of Oceanic Airlines' shares based on the industry average multiple and the data supplied in the table, above.
A. $22.36
B. $65.00
C. $55.98
D. $17.06
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Wealth Habits Six Ordinary Steps To Achieve Extraordinary Financial Freedom
Authors: Candy Valentino
1st Edition
1394152299, 978-1394152292
