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Calculate the Share Effect on the Incremental EPS for the Following

Question 46

Multiple Choice

Calculate the share effect on the incremental EPS for the following instrument: Face value of 50,000 preferred shares with dividend rate of 5%
$5,000,000
Conversion rate for each preferred share
5 ordinary shares
Income tax rate
30%


A) 5
B) 25,000
C) 50,000
D) 250,000

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