There are 10 men and 10 women. How many ways are there to arrange these 20 people at a round table with 25 seats?

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How many ways are there to arrange 20 people at a round table with 25 seats? (Rotations are considered the same arrangement.)

Is it just a simple permutation problem of 25P10 = 25!/15! or does the fact that it's a circle change things? Is it instead (25-1)!/5!