Question: can you answer this question for me please? An analyst has determined that the appropriate EV/EBITDA for Rainbow Company is 11.0. The analyst has also
can you answer this question for me please?
An analyst has determined that the appropriate EV/EBITDA for Rainbow Company is 11.0.
The analyst has also collected the following forecasted information for Rainbow Company:
EBITDA = 21,303,782
Market value of debt = 66,502,323
Cash = 1,371,697
Compute the value of equity for Rainbow Company.
(Enter your answer as a number, rounded to the nearest whole number, like this: 1234)
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