Try to answer this mini paper LBO… A private equity firm acquires a company for $150M, financing the deal with 50% debt and 50% equity. At the time of purchase, the company’s EBITDA is $15M. 💡Over the next 5 years, EBITDA grows by $2M each year. The company also requires $5M of CapEx annually. 💸The debt bears a 10% annual interest rate, paid in cash each year, with no principal repaid until a bullet payment at exit. ‼️Assume no taxes, no transaction fees, and no changes in working capital. 🤔