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A company has $9.13 million of debt in its current capital structure at an annual interest rate of 6.51% and 4.3 million ordinary shares on

A company has $9.13 million of debt in its current capital structure at an annual interest rate of 6.51% and 4.3 million ordinary shares on issue with a market value of $12.34 million. The firms tax rate is 30%. If EBIT is expected to be $3.98 million calculate the firms earnings per share (report your answer to two decimal places)? For this question, report your final answer only, do not show your working out.

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