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Firm EFG is growing fast, and will produce earnings of $1.68/share next year. These earnings will grow at 2.2% per year, probably forever. EFG also

Firm EFG is growing fast, and will produce earnings of $1.68/share next year. These earnings will grow at 2.2% per year, probably forever. EFG also has a cost of capital of 15.7%. What is the firm's P/E ratio? (4 decimal places)

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