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Noor has AED 800 million in sales. The profit margin is 4.2 percent and the firm has 4,500,000 shares of stock outstanding. The market price

Noor has AED 800 million in sales. The profit margin is 4.2 percent and the firm has 4,500,000 shares of stock outstanding. The market price per share is AED 60. What is the price-earnings ratio.

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