The EBITDA of firm ABC is $200 million and the estimated EV/EBDITDA multiples
ranges between 6.0x and 7.0x.
Firm ABC has net debt of $500 million and cash of
$100 million. What is the range of the forecasted value of equity?
A. $600 - $800 million
B. $800 - $1000 million
C. $700 - $900 million
D. $1300 - $1500 million