A firm has an enterprise value of $2 billion, total debt of $600 million, cash of $100 million, and equity of $1.2 billion. What is the firm's net debt to EBITDA if its EBITDA is $200 million?

1. A2.0x
2. B3.0x
3. C2.5x✓ Correct answer
4. D1.5x

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