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8) (EBIT-EPS Analysis) Firm ROK (@21% tax rate) has a capital structure, consisting of $400,000 bonds with 12% coupon rate and 50,000 shares of common

8) (EBIT-EPS Analysis) Firm ROK (@21% tax rate) has a capital structure, consisting of $400,000 bonds with 12% coupon rate and 50,000 shares of common stock. If its EBIT is expected to be $200,000, ROD's earnings per share will be ________.

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