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As of February 2008, you are researching Jonash International, a hypothetical company subject to cyclical demand for its services. Jonash shares closed at $57.98 on

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As of February 2008, you are researching Jonash International, a hypothetical company subject to cyclical demand for its services. Jonash shares closed at $57.98 on February 2 , 2007. You believe the 2003-2006 period reasonablv cabtures average orofitabilitv: 5 1 point Calculate the P/E for Jonash from the normalized EPS based on the method of average ROE. (Round your answer to 3 decimal places. For example, if your answer is 89.12345 , enter 89.123

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