You are trying to value a company which had revenues of $49 million over the last twelve months. Depreciation and amortization expenses were $8 million. Operating margin is 36.9%. It has $24 million of debt, $5 million in cash, and 13 million shares outstanding. Comparable companies are trading at an average trailing EV/EBITDA multiple of 11. How much is each share worth using the relative valuation method? a. $53.1 b. $31.7 C. $26.4 d. $18.6 e. $20.6 f. $18.0 g. $38.6 h. $34.6