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Lapin Inc. has an ROA of 9.5% and an ROE of 15.0%. What must be Lapin's Equity Multiplier? Round your response to 2 decimal places

Lapin Inc. has an ROA of 9.5% and an ROE of 15.0%. What must be Lapin's Equity Multiplier? Round your response to 2 decimal places (examples: for .5678 you should enter .57; for 1.236 you should enter 1.24).

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