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A firm has an ROE of 34% and a market-to-book ratio of 0.98. Based on this information, calculate the firm's P/E Note: Enter your answer
A firm has an ROE of 34% and a market-to-book ratio of 0.98. Based on this information, calculate the firm's P/E Note: Enter your answer rounded to the nearest second digit after the decimal point. For example, if the calculated P/E is 11.78429. enter your answer as 11.78
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