hard · Investment Banking

Project the Year 5 EBITDA for a company currently generating $100 million in revenue with a 20% EBITDA margin. Assume revenue grows at a 10% CAGR and the EBITDA margin expands by 100 basis points (1.0%) every year.

  1. $32.2 million
  2. $38.5 million
  3. $40.3 million
  4. $44.0 million

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