Question: You are evaluating a potential LBO target. The targets EBITDA is $20 million. Comparable companies have an EV/EBITDA of 6. What is the targets enterprise

You are evaluating a potential LBO target. The target’s EBITDA is $20 million. Comparable companies have an EV/EBITDA of 6. 

What is the target’s enterprise value if you value it using the EV/EBITDA of comparable companies?

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