Use the table for the question$($s$)$ below.

The table above shows the stock prices and multiples for a number of firms in the newspaper

publishing industry. Another newspaper publishing firm $($not shown$)$ had sales of $$600$ million, EPS

of $$0\mathrm{.}50,$ excess cash of $$68$ million, $$18$ million of debt, and $120$ million shares outstanding. If the

average PE ratio is used for comparable businesses is used, which of the following is the best

estimate of the firm's share price?

$$7\mathrm{.}17$

$$7\mathrm{.}67$

$$5\mathrm{.}67$

$$5\mathrm{.}20$