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Consider the P/E ratios of the three firms below. Firm P/E ratio Ricola Foodservice 11.0 Benedict Spirits 6.0 Marlin Financial 12.0 Calculate the harmonic mean

Consider the P/E ratios of the three firms below.

Firm P/E ratio
Ricola Foodservice 11.0
Benedict Spirits 6.0
Marlin Financial 12.0

Calculate the harmonic mean of the three P/E ratios. (Enter the answer to the nearest 0.01.)

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