Swansea Morriston is a private firm considering going IPO. It has total assets of 600 m, including debt of 6500 m Alter IPO, it has an estimated cash flow from operating of 90 m. The number of share outstanding after IPO would be 50 m. The industry average cash flow per share multiple is 2.5. What should be the IPO price per share for Swansea Morriston? O None of other THREE answers O 10 12 45 o Previous Next