106 on January 2, 2011, Worth Co. issued at par $2,000.000 of 7% convertible bonds. E ach $1,000 bond is convertible into 10 shares of common stock. No bonds were Converted during 2011, during 2011. Worth had 200,000 shares of common stock outstanding d Worth's 2011 net income was $600,000 and the income tax rate was 30%. Worth's diluted earnings per share for 2011 would be (rounded to the nearest penny): a. $3.49. b. $3.17. c. $3.00. d. $3.36