CH Holdings has basic EPS of ($ 14). The individual effect of convertible preferred shares is ($

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CH Holdings has basic EPS of \(\$ 14\). The individual effect of convertible preferred shares is \(\$ 12\), and the individual effect of convertible bonds is \(\$ 6\). In which order should the convertible elements be included in diluted calculations? In what circumstances would the convertible preferred shares be anti-dilutive in sequence?

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