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A company has $9.31 million of debt in its current capital structure at an annual interest rate of 5.93% and 5.3 million ordinary shares on

A company has $9.31 million of debt in its current capital structure at an annual interest rate of 5.93% and 5.3 million ordinary shares on issue with a market value of $14.39 million. The firms tax rate is 30%. If EBIT is expected to be $2.07 million calculate the firms earnings per share (report your answer to two decimal places)?

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