You are a venture capitalist considering a $5 million investment in MECCS Inc. that is expected to require no additional capital through year 6. MECCS is expected to have EBITDA of $4 million in year 6. You expect to get your initial investment plus your return at that time by selling your stock. In your opinion, MECCS should at that time be comparable to companies priced at 10 times EBITDA. MECCS has no debt outstanding and plans to pay no dividends in years 1 through 6 . There are already 100,000 shares outstanding that are owned by the entrepreneur and other investors. You require 30% rate of return from this type of investment. What price would you pay for each share now? $42/ share $51/ share $19/ share $33/ share $28/ share