What is the earnings per share

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Reference no: EM131483104

The following information is available for the Firm:

  • Net Income is $1,000,000
  • Outstanding Shares of Common Stock is 500,000 shares
  • Dividends Paid is $250,000
  • The Risk Free Rate is 2%
  • Return on Equity is 20%
  • The Firms Beta is 1.5
  • The Return on the Market is 12%
  • The market value of the Firm's equity at the beginning of the year is $7.5 Million

What is the Earnings Per Share (show your answer to 2 decimal places)?

Reference no: EM131483104

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