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The EBITDA of firm ABC is $200 million and the estimated EV/EBDITDA multiples ranges between 6.0x and 7.0x. Firm ABC has net debt of $500

The EBITDA of firm ABC is $200 million and the estimated EV/EBDITDA multiples

ranges between 6.0x and 7.0x. Firm ABC has net debt of $500 million and cash of

$100 million. What is the range of the forecasted value of equity?

A. $600 - $800 million

B. $800 - $1000 million

C. $700 - $900 million

D. $1300 - $1500 million

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