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Problem 4 . 1 0 ( M - B , SHARE PRICE, and EV - EBITDA ) eBook Problem Walk - Through You are given

Problem 4.10(M-B, SHARE PRICE, and EV-EBITDA)
eBook
Problem Walk-Through
You are given the following information: Stockholders' equity as reported on the firm's balance sheet =$4.5 billion, price/earnings ratio =12, common shares outstanding =210 million, and market/book ratio =2. The firm's market value of total debt is $5 billion, the firm has cash and equivalents totaling $350 million, and the firm's EBITDA equals $3 billion. What is the price of a share of the company's common stock? Do not round intermediate calculations. Round your answer to the nearest cent.
$
What is the firm's EV/EBITDA? Do not round intermediate calculations. Round your answer to two decimal places.
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