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XYZ Corp recently reported $9,000 of net income, has 8,000 shares outstanding and has a market price of $24.31 per share. What is the PE

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XYZ Corp recently reported $9,000 of net income, has 8,000 shares outstanding and has a market price of $24.31 per share. What is the PE ratio? Round your answer to the two decimal places, for example 10.12

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