easy · Private Credit & Debt underwriting-credit-analysis

An analyst is bridging from Enterprise Value (EV) to Equity Value. The company has a Market Cap of $500M, Gross Debt of $200M, Cash of $30M, a Pension Deficit of $15M, and Surplus Land (non-operating asset) valued at $8M.

What is the Enterprise Value?

  1. $700M
  2. $723M
  3. $670M
  4. $677M

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