Problemturnbull corp had an ebit of 247 million in the last, Ask an Expert

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Problem:

Turnbull Corp. had an EBIT of $247 million in the last fiscal year. Its depreciation and amortization expenses amounted to $84 million. The firm has 135 million shares outstanding and a share price of $12.80. A competing firm that is very similar to Turnbull has an enterprise value/EBITDA multiple of 5.40.

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Question: What is the value of Turnbull Corp's debt?

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Basic Finance, Finance

Category:- Basic Finance
Reference No.:- M91148118

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