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The average EV/EBITDA ratio of the competitor firms to Jorge's Junk Removal is 6.5. Jorge's Junk Removal has an EBIT of $400 million, depreciation of

The average EV/EBITDA ratio of the competitor firms to Jorge's Junk Removal is 6.5. Jorge's Junk Removal has an EBIT of $400 million, depreciation of $100 million, no amortization expense, $500 million in debt, $40 million in cash, and 25 million outstanding shares. What should the price of a share of Jorge's Junk Removal be?

A) $59.60

B) $131.60

C) $32.50

D) $85.60

E) $111.60

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