What is the firm diluted earnings per share

Reference no: EM13305832

Kinston has 200,000 shares of common stock and 50,000 warrants outstanding. Each warrant entitles its owner to buy one share at a price of $20 before 2020. The firm's basic earnings per share is $2.50. What is the firm's diluted earnings per share?

Reference no: EM13305832

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