QUESTION 6 Your firm has revenues of $650 million and earnings of $80 million. You'd like to determine the value of your stock by looking at comparable firms before going public. You gather information for the following firms: What is the range estimate of the IPO if you intend to have 100 million shares outstanding after the IPO? Firm Stock Price Shares Outstanding Revenues Earnings $32 250M $1.68 SSOOM B $68 SOM $0.9B $150M IC $11 900M $2.3B $800 D $120 60M $1.4B $500M $19.54 - $24.65 $14.68 - $23.44 $22.01 - $29.98 $13.09 - $26.62