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Firm EFG is growing fast, and will produce earnings of $1.66/share next year. These earnings will grow at 2.9% per year, probably forever. EFG also

Firm EFG is growing fast, and will produce earnings of $1.66/share next year. These earnings will grow at 2.9% per year, probably forever. EFG also has a cost of capital of 15.2%. What is the firm's P/E ratio?

Carry out calculations with complete accuracy and report answers to four decimal places. Enter percentages as whole numbers. Example: 3.03% should be entered as 3.03. Do not include commas or dollar signs in numerical answers.

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