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Business, 17.12.2021 03:00 eddie6242

A company provides the following: · net income of $18300406 · an average of 3261820 shares of common stock outstanding · Convertible preferred shares outstanding 20000 each pays a dividend of $15 per share and each has the option to convert into 10 common stock shares. · $800000 of 3.5% convertible bonds outstanding that are convertible into a total of 100000 shares · The effective tax rate is 65% Calculate the company's basic EPS

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