You are given the following information: Stockholders' equity as reported on the firms balance sheet = $2 billion, price/earnings ratio = 13, common shares outstanding = 180 million, and market/book ratio = 1.5. The firm's market value of total debt is $4 billion, the firm has cash and equivalents totaling $280 million, and the firm's EBITDA equals $1 billion.

1. What is the price of a share of the company's common stock? Do not round intermediate calculations. Round your answer to the nearest cent.

2. What is the firm's EV/EBITDA? Do not round intermediate calculations. Round your answer to two decimal places.