NO.PZ2022061307000089
问题如下：
Question
An investor considering the enterprise value approach to valuation gathers the following data:
The value per share of the company’s common stock is closest to:
选项：
A.$13.43. B.$22.35. C.$22.90.解释：
Solution
C is correct. First, compute the enterprise value (EV) from EBITDA × EV/EBITDA multiple.
Next, determine market capitalization (value of equity per share) using the following expression:
EV = Market capitalization + Market value (MV) of preferred stock + MV of debt – Cash and investments
Market capitalization = EV – MV of preferred stock – MV of debt + Cash and investments
Value per share = Market capitalization/Number of outstanding shares
如题
