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You want a quick estimate of the enterprise value of HEB. HEB has an EBIT of 23M, and other large grocery stores have an EV/EBIT

You want a quick estimate of the enterprise value of HEB. HEB has an EBIT of 23M, and other large grocery stores have an EV/EBIT multiple of 11. What is the enterprise value of HEB implied by the comparable companies?

A. $23M

B. $200M

C. $223M D. $253M

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