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Canada Corp.'s market price is currently $47 per share. If the firm reported net income of $8,000,000 on total outstanding common shares of 2.5 million,

Canada Corp.'s market price is currently $47 per share. If the firm reported net income of $8,000,000 on total outstanding common shares of 2.5 million, what is the firm's P/E ratio? Answer to 2 decimal places. Your

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