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The following are financial ratios for three comparable companies:
-Based upon the average EV/EBITDA ratio of the comparable firms,if Ideko holds $6.5 million of cash in excess of its working capital needs,then Ideko's target market value of equity is closest to:
A) $155 million.
B) $157 million.
C) $165 million.
D) $193 million.
Correct Answer:
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