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Sing Song Radio Corp's stock price at the end of last year was $26.45 with 50,000,000 shares outstanding. Dividends paid were $1.30 per share on

Sing Song Radio Corp's stock price at the end of last year was $26.45 with 50,000,000 shares outstanding. Dividends paid were $1.30 per share on an earnings per share for the year of $3.50. What was Sing Song's price to earnings ratio?

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