I neec help D Question 28 7.5...
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D Question 28 7.5 pts Summit Beverages Inc.'s estimated EBITDA for the TTM is $345.85 million and the median trailing enterprise value to EBITDA ratio of comparable firms is 7.50. The market value of Summit Beverages' debt is $963.48 million and it has no outstanding preferred stock and 122.50 million shares of common stock. Estimate the current value of common stock using the enterprise value to EBITDA ratio. Round your answer to the nearest penny. For example, $2,371.243 should be entered as 2371.24
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