After researching the competitors of EJH Enterprises, you determine that most comparable firms have the following valuation ratios (see MyFinanceLab for the data in Excel format):

EJH Enterprises has EPS of $2, EBITDA of $300 million, $30 million in cash, $40 million in debt, and 100 million shares outstanding. What range of prices is consistent with both sets ofmultiples?

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Comp 1 12 19 Comp 3 12.5 20 Comp 4 10 17 Comp 2 EVIEBITDA P/E 18