Target has just released their quarterly earnings report. They reported earnings per share of $10 and EBITDA of $55 million. They also have 11 million shares outstanding and debt of $40 million. You believe that Walmart is comparable to Target in terms of its underlying business. Walmart has a P/E of 17.6 and an enterprise value to EBITDA multiple of 7.8. Based upon Walmart's P/E ratio, what is the intrinsic value of Target's stock? Please report your answer rounded to decimal places. Your Answer: Answer units