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You are valuing a company using the relative valuation approach. Suppose comparable companies are trading at an average trailing EV/EBITDA multiple of 9.0. The company
You are valuing a company using the relative valuation approach. Suppose comparable companies are trading at an average trailing EV/EBITDA multiple of 9.0. The company you are valuing generated an EBITDA of $314 million over the last twelve months, has $286 million of debt, $36 million in cash, and 25 million shares outstanding. What is the company's implied share price? Round to one decimal place. Type your numeric answer and submit
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