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Calculate the Incremental EPS for the Following Instrument A)$030
B)$0

Question 94

Multiple Choice

Calculate the incremental EPS for the following instrument:  Face value of 10,000 preferred shares with  dividend rate of 5%$5,000,000 Conversion rate for each preferred share 25 ordinary shares  Income tax rate 30%\begin{array}{|l|r|}\hline\text { Face value of } 10,000 \text { preferred shares with } & \\\text { dividend rate of } 5 \% & \$ 5,000,000 \\\hline \text { Conversion rate for each preferred share } & 25 \text { ordinary shares } \\\hline \text { Income tax rate } & 30 \%\\\hline\end{array}


A) $0.30
B) $0.70
C) $1.00
D) $2.00

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