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Reno Revolvers has an EPS of $1.20, a free cash flow per share of $4.80, and a price/free cash flow ratio of 10.0. What is

Reno Revolvers has an EPS of $1.20, a free cash flow per share of $4.80, and a price/free cash flow ratio of 10.0. What is its P/E ratio? Do not round intermediate calculations. Round your answer to two decimal places.

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