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Problem 4.04 (Market-Book and EV-EBITDA Ratios) Question 4 of 10 Check My Work (3 remaining) B eBook Problem Walk-Through Edelman Engines has $5 billion in

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Problem 4.04 (Market-Book and EV-EBITDA Ratios) Question 4 of 10 Check My Work (3 remaining) B eBook Problem Walk-Through Edelman Engines has $5 billion in total assets- of which cash and equivalents total $110 million. Its balance sheet shows $0.75 billion in current liabilities - of which the notes payable balance totals $1.07 billion. The firm also has $3.25 billion in long-term debt and $1 billion in common equity. It has 500 million shares of common stock outstanding, and its stock price is $49 per share. The firm's EBITDA totals $2.94 billion. Assume the firm's debt is priced at par, 50 the market value of its debt equals its book value. What are Edelman's market/book and its EV/EBITDA ratios? Do not round intermediate calculations. Round your answers to two decimal places. M/B: EV/EBITDA

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