Exit Multiple Reasonableness Test

This problem practices a core intrinsic valuation sanity check: converting terminal value from one method into the assumptions implied by another. In interview settings, bankers want to see that you understand how the exit multiple approach and the perpetuity growth approach are connected, and that you can test whether a valuation output is internally consistent with a believable long term growth outlook. It also reinforces the relationship between terminal value, discount rate, free cash flow, and final year operating metrics such as EBITDA, which is a common part of DCF and valuation discussions.