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Target Co has an EBIT of 600.0, debt of 5,000.0, cash of 500.0, shares outstanding of 1,000 and a share price of 1.58. Its main

Target Co has an EBIT of 600.0, debt of 5,000.0, cash of 500.0, shares outstanding of 1,000 and a share price of 1.58. Its main comparable business, Comp Co, is trading on an EBIT multiple of 12.4x. Which of the following is correct

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