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Question: Rose Water Corp.'s net income last year was $156.54 million. The company has 118.33 million shares outstanding. The company's stock price at the end of last year was $97.31. What is the firm's P/E ratio? Round the answer to two decimal places. The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

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