medium · Investment Banking

An analyst is calculating the Terminal Value of a company in Year 5 using the Exit Multiple Method. The Year 5 projected EBITDA is $200 million, and the selected exit multiple is 8.0x.

If the WACC is 10.0%, what is the Present Value of this Terminal Value?

  1. $1,092.8 million
  2. $1,454.5 million
  3. $993.5 million
  4. $1,600.0 million

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