2. Theresa Company has 5,000,000 ordinary shares in issue and also had in issue in 2014. a) K1,000m of 14% convertible loan stock, convertible in three years' time at the rate of 2 shares per K10,000 of the stock b) K2,000m of 10% convertible loan stock, convertible in one years' time at the rate of 3 shares per K5,000 of the stock Total earnings in 2014 were K1, 750m The rate of income tax is 35% 10 000 140 000 os Required: Calculate the EPS and Diluted EPS