Use the tables for the question(s) below.
Pro Forma Income Statement for Ideko, 2013-2018
Pro Forma Assets & Liabilities for Ideko, 2013-2018
-Assuming that Ideko has a EBITDA multiple of 8.5, then the continuation equity value of Ideko in 2018 is closest to:
A) $152.8 million
B) $301.7 million
C) $181.7 million
D) $272.8 million
Correct Answer:
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