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FinanceCorp has fixed costs of $15 million and profits of $12 million. What is its degree of operating leverage (DOL)? (DOL defined here as 1

FinanceCorp has fixed costs of $15 million and profits of $12 million.

What is its degree of operating leverage (DOL)? (DOL defined here as 1 + fixed costs/profit.) (Do not round intermediate calculations. Round your answer to 2 decimal places.)

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