market sample question
Choose an answer before revealing the explanation, key takeaway, and answer-choice review.
Question 1 of 1 Score 0/1
Equity Investments
Equity Valuation
A comparable-company analysis indicates an appropriate EV/EBITDA multiple of 8.2x. The target has EBITDA of USD120 million, debt of USD260 million, cash of USD45 million, minority interest of USD30 million, preferred stock of USD20 million, and 50 million common shares. The implied value per common share is closest to:
Get one CFA Level I question by email
Receive a weekly practice question with answer-choice explanations and a short takeaway.