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A company has 45,000 shares of common stock outstanding all year. There are 4000 stock options. The exercise price is $37; the average market price

  1. A company has 45,000 shares of common stock outstanding all year. There are 4000 stock options. The exercise price is $37; the average market price is $50. Net income is $208,000. The tax rate is 20%. Diluted eps is
  1. $4.52
  2. $4.62
  3. $4.24
  4. $4.34

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