You are valuing a company using the relative valuation approach. Suppose comparable companies are trading...
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You are valuing a company using the relative valuation approach. Suppose comparable companies are trading at an average trailing EV/EBITDA multiple of 9.5. The company you are valuing generated an EBITDA of $304 million over the last twelve months, has $296 million of debt, $34 million in cash, and 27 million shares outstanding. What is the company's implied share price? Round to one decimal place
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