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AEI Incorporated has $5 billion in assets, and its tax rate is 40%. Its basic earning power (BEP) ratio is 12%, and its return on

AEI Incorporated has $5 billion in assets, and its tax rate is 40%. Its basic earning power (BEP) ratio is 12%, and its return on assets (ROA) is 6%. What is AEI's times-interest-earned (TIE) ratio? Round your answer to two decimal places.

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