4. XYZ, Inc., is an all-equity firm with a total market value of $553,000 and 37,700 shares of stock outstanding. Management believes the earnings before interest and taxes (EBIT) will be $81,000 if the economy is normal. If there is a recession, EBIT will be 25 percent lower, and if there is a boom, EBIT will be 35 percent higher. The tax rate is 40 percent. What is the EPS in a boom? Multiple Choice $1.29 $1.74 O $1.61 o $.97 $.84 a