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ETS Corp has a Net Profit Margin of 5 % , a Total Asset Turnover of 2 . 5 x , and a Debt /

ETS Corp has a Net Profit Margin of 5%, a Total Asset Turnover of 2.5x, and a Debt/Equity ratio of 1. It just declared an $8.00 dividend on EPS of $10. It has a beta of 0.75, treasuries pay 3%, and the market risk premium is 4%. What is ETS Corps justified leading P/E ratio

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