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Calculate the Incremental EPS for the Following Instrument: Face Value

Question 86

Multiple Choice

Calculate the incremental EPS for the following instrument: Face value of 10,000 preferred shares with dividend rate of 5%
$1,000,000
Conversion rate for each preferred share
25 ordinary shares
Income tax rate
30%


A) $0.14
B) $0.20
C) $1.40
D) $2.00

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