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A company has an EPS of $3.60, a book value per share of $36.36, and a market/book ratio of 1.2x. What is its P/E ratio?

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A company has an EPS of $3.60, a book value per share of $36.36, and a market/book ratio of 1.2x. What is its P/E ratio? The stock price should be rounded to the nearest cent. Do not round intermediate calculations. Round your answers to two decimal places. x

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