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5. Problem 4.05 (Price-Earnings Ratio) EB eBook A company has an EPS of $3.30, a book value per share of $32.34, and a market/book ratio

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5. Problem 4.05 (Price-Earnings Ratio) EB eBook A company has an EPS of $3.30, a book value per share of $32.34, and a market/book ratio of 3.2x. What is its P/E ratio? Do not round intermediate calculations. Round your answer to two decimal places

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