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QUESTION

PROBLEM 1 Delta Air Lines (DAL) American Airlines (AAL) United Continental (UAL) Southwest Airlines (LUV) Alaska Air (ALK) JetBlue Airways (JBLU)...

I need help with the attached file. On the left shows what is given from the problem and what needs to be found ( median, implied EV, Implied Market Cap and Implied Share Price). On the right you have the answers but I am not sure how to come to those numbers.

Please show the math behind. Thanks

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