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Question 19 Homework. Unanswered Important You are trying to value a company using the relative valuation approach. Suppose comparable companies are trading at an average
Question 19 Homework. Unanswered Important You are trying to value a company using the relative valuation approach. Suppose comparable companies are trading at an average trailing EV/EBITDA multiple of 4.4. The company you are valuing generated an EBITDA of $293 million over the last twelve months, has $321 million of debt, $58 million in cash, and 11 million shares outstanding. What is the company's implied share value? Round to one decimal place. Type your numeric answer and submit
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