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A company has an EPS of $ 4 . 2 0 , a book value per share of $ 3 9 . 9 0 ,

A company has an EPS of $4.20, a book value per share of $39.90, and a market ?? book ratio of 1.9. What is its P/E ratio? Do not round intermediate
calculations. Round your answer to two decimal places.
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