Upper Peninsula Enterprises has revenue of $500 million, EBITDA (earnings before depreciation, amortization, interest and taxes) of $100 million. It is anticipated that when the company goes public it will trade at 2X revenue and 10X Enterprise Value to EBITDA, or $1 billion. Assuming the company has $500 million of debt, what will be the value of equity? Question 19 options: $1,500 million ($1.5 billion) $1,000 million ($1 billion) $500 million $300 million