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You are valuing X Co's equity using an EV / EBITDA multiple of 2 0 . EBIT is $ 1 0 million. Tax rate is

You are valuing X Co's equity using an EV/EBITDA multiple of 20. EBIT is $10 million. Tax rate is 20%. Interest is $20 million. Depreciation is $5 million. Debt is $50 million. Excess Cash is $10 million. What is the value of X Co's equity?
Group of answer choices
$260 million
$200 million
$270 million
$250 million

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