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A company has $ 4 . 7 3 million of debt in its current capital structure at an annual interest rate of 6 . 2

A company has $4.73 million of debt in its current capital structure at an annual interest rate of 6.28% and 2.9 million ordinary shares on issue with a market value of $15.96 million. The firms tax rate is 30%. If EBIT is expected to be $4.83 million calculate the firms earnings per share (report your answer to two decimal places)?

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