4. Below you'll find data for two enterprises. Please calculate the value of shares from new issue using EV/ EBITDA. The value of cash and equivalents in the company serving as the benchmark of valuation is 7 m.; in the appraised company, this value is 2 m. Please estimate how many new shares should the new investors get, assuming that the company wants to get 10 m. of new capital. Company Made Stock-listed Public Company - basis for appraisal Value of accounting (payables) liabilities (payables) 7 12 shown in the last quarterly statement Market value of the issued bonds 4 12,9 PLN m. Value of equity shown in the last quarterly financial 21,2 63,3 PLN m. statement (excluding the profit for that period) Value of investment loan shown in the last quarterly 9 11,3 PLN m. statement number of issued shares before acquiring capital 3 8,.3 m. shares Value of bonds shown in the last quarterly statement 3 14 Market share price (in total => market capitalization) 92,3 PLN m. Profit after tax 5,1 8,7 PLN m. Value of other interest-bearing liabilities (towards financial institutions) shown in the last quarterly 2 9 PLN m. statement