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CD Bargain Barn is forecasting earnings per share of $3.35 next year. Its investors require a return of 16.0%. c. What is the implied P/E

CD Bargain Barn is forecasting earnings per share of $3.35 next year. Its investors require a return of 16.0%.

c. What is the implied P/E ratio for CDs stock? (Round your answer to 2 decimal places.)

Implied P/E ratio

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