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5. Problem 4.05 (Price-Earnings Ratio) B eBook A company has an EPS of $4.50, a book value per share of $42.75, and a market/book ratio

5. Problem 4.05 (Price-Earnings Ratio) B eBook A company has an EPS of $4.50, a book value per share of $42.75, and a market/book ratio of 1.3x. What is its P/E ratio? Do not round intermediate calculations, Round your answer to two decimal places

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