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Macquarie Ltd. has the number of shares of ordinary shares outstanding 380,000,000, and the current price per share is $28. If the companys profit is

Macquarie Ltd. has the number of shares of ordinary shares outstanding 380,000,000, and the current price per share is $28. If the companys profit is $1,000,000,000, calculate the PE ratio and would you consider investing in this share based on the PE ratio?

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