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A company has $4.46 million of debt in its current capital structure at an annual interest rate of 4.41% and 2.5 million ordinary shares on
A company has $4.46 million of debt in its current capital structure at an annual interest rate of 4.41% and 2.5 million ordinary shares on issue with a market value of $14.86 million. The firms tax rate is 30%. If EBIT is expected to be $3.79 million calculate the firms earnings per share (report your answer to two decimal places)?
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