Question 3. Problem 11 (Berk (2018), Chapter 10) After researching the

Question
Question 3. Problem 11 (Berk (2018), Chapter 10) After researching the competitors of EJH Enterprises, you determine that most comparable firms have the following valuation ratios: Comp 1 Comp 2 Comp 3 Comp 4 EV/EBITDA 12 11 12.5 10 P/E 19 18 20 17 EJH Enterprises has earnings per share of $2, EBITDA of $300 million, $30 million in cash, $40 million. in debt and 100 million shares outstanding. What range of prices is consistent with both sets of multiples? <
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