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Question - Diluted EPS: An analyst gathered the following information about a company:
100,000 common shares outstanding from the beginning of the year.
Earnings of 125,000
1,000, 7%, $1,000 par bonds convertible into 25 shares each, outstanding as of the beginning of the year
Tax rate of 40%
Required - Determine the company's diluted EPS?
A. $1.00
B. $1.34
C. $1.25
D. $1.22
When deciding to seek the advice and services of an investment broker or advisor, what would be the two main considerations to take into account?
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