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The company incurs costs of $23.06 million regardless of the output level. It sells 6.68 million units of its product at the price of $9.82,

The company incurs costs of $23.06 million regardless of the output level. It sells 6.68 million units of its product at the price of $9.82, and its variable costs per unit are $2.94. The company has $53 million of debt with an annual interest rate of 5.43%. What is the degree of combined leverage at the current level of sales? Round to two decimals.

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