An analyst has determined that the appropriate EV/EBITDA for Rainbow Company is 10.2. The analyst has also collected the following forecasted information for Rainbow Company:

EBITDA = \($22\),000,000 Market value of debt = \($56\),000,000 Cash = \($1\),500,000 The value of equity for Rainbow Company is closest to:
A. \($169\) million.
B. \($224\) million.
C. \($281\) million.