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1. ETS corp has a Net Profit Margin of 4%, a Total Asset Turnover of 1.5x, and a Debt/Equity ratio of 0.80. It just declared

1. ETS corp has a Net Profit Margin of 4%, a Total Asset Turnover of 1.5x, and a Debt/Equity ratio of 0.80. It just declared a $4 dividend on EPS of $5. It has a beta of 2.0, treasuries pay 3%, and the market risk premium is 4%. What is ETS Corps justified trailing P/E ratio and ETSs justified leading P/E?

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