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Reno Revolvers has an EPS of $ 2 . 4 0 , a free cash flow per share of $ 4 . 0 0 ,

Reno Revolvers has an EPS of $2.40, a free cash flow per share of $4.00, and a price/free cash flow ratio of 6.0. What is its P/E ratio? Do not round intermediate calculations. Round your answer to two decimal places.

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