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MPI Incorporated has $5 billion in assests, and its tax rate is 35%. Its basic earning power (BEP) ratio is 9%, and its return on

MPI Incorporated has $5 billion in assests, and its tax rate is 35%. Its basic earning power (BEP) ratio is 9%, and its return on assets (ROA) is 5%.
what is the MPI's times interest earned (TIE) ratio? round your answer to two decimal places.

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