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Question 10 Homework Unanswered You are valuing a company using the relative valuation approach. Suppose comparable companies are trading at an average trailing EV/EBITDA multiple
Question 10 Homework Unanswered You are valuing a company using the relative valuation approach. Suppose comparable companies are trading at an average trailing EV/EBITDA multiple of 10.0. The company you are valuing generated an EBITDA of $293 million over the last twelve months, has $307 million of debt, $32 million in cash, and 28 million shares outstanding. What is the company's implied share price? Round to one decimal place. Type your numeric answer and submit
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