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Reagan Corp. has reported a net income of $805,900 for the year. The company's share price is $13.84, and the company has 321,220 shares outstanding.

Reagan Corp. has reported a net income of $805,900 for the year. The company's share price is $13.84, and the company has 321,220 shares outstanding. Compute the firm's price-earnings ratio up to two decimal places. Your Answer:

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