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A company has $ 9 . 0 6 million of debt in its current capital structure at an annual interest rate of 6 . 1

A company has $9.06 million of debt in its current capital structure at an annual interest rate of 6.15% and 5.8 million ordinary shares on issue with a market value of $16.07 million. The firms tax rate is 30%. If EBIT is expected to be $2.88 million calculate the firms earnings per share (report your answer to two decimal places)?

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