The table below shows the EBITDA projections of Peliton Inc. for the next 5 years (in millions): Proj. EBITDA $55 million $61 million Year 1 $50 $330 million $336.60 million Year 2 $56.10 million $51 Year 3 $52 After Year 5, Peliton Inc. is expecting EBITDA (and cash flows) to grow at 2% indefinitely. The CFO believes that (at the end of Year 5) the company will have a TV multiple of 6 (based on forward EBITDA). Based on this information, what is your estimate of the company's enterprise value at the end of Year 5? Year 4 $53 Year 5 $55

The table below shows the EBITDA projections of Peliton Inc. for the next 5 years (in millions): After Year 5, Peliton Inc. is expecting EBITDA (and cash flows) to grow at 2% indefinitely. The CFO believes that (at the end of Year 5) the company will have a TV multiple of 6 (based on forward EBITDA). Based on this information, what is your estimate of the company's enterprise value at the end of Year 5 ? $55 million $61 million $336.60 million $330 million $56.10 million