Question: Question 8 ( 1 point) Coconut Inc, is a private firm that produces industrial laser equipment. It has expected EBIT of $13,5 million this year.

Question 8 ( 1 point) Coconut Inc, is a private firm that produces industrial laser equipment. It has expected EBIT of $13,5 million this year. The company currently has 8,5 million shares, $3,0 million cash, and no debt. It also has a plan to issue 24,5 million shares. Calculate the share price of Coconut Inc, based on the average EBIT multiple of similar companies: mstructions: Round the result to two decimal places and do not put the "\$" symbol in the answer box. For example if you get a result of $17.8492 then write 17.85 in the answer box below. Votre rponse: Rponse

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