You are trying to find an implied value for Target Corporation using financial information from Walmart. You have collected the following:

Walmart Statistics:	Value:
Market capitalization of common stock	$258.58 billion
Market value of debt	$58.78 billion
Cash	$9.07 billion
EBITDA	$36.15 billion

Target Statistics:	Value:
Market value of debt	$14.35 billion
Cash	$1.90 billion
EBITDA	$7.92 billion
Shares Outstanding	0.69 billion

a) What is the enterprise value of Walmart? (express answer as xx.xx billion)

b)What is the enterprise value/EBITDA multiple for Walmart?

c)

Based on the EBITDA reported for Target, what is an estimate for Targets enterprise value using Walmarts enterprise value/EBITDA multiple?

d)Using Target's financial data and their implied value using multiples, what is an estimate for their share price?