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A company has $9.84 million of debt in its current capital structure at an annual interest rate of 6.29% and 3.9 million ordinary shares on

A company has $9.84 million of debt in its current capital structure at an annual interest rate of 6.29% and 3.9 million ordinary shares on issue with a market value of $18.39 million. The firms tax rate is 30%. If EBIT is expected to be $4.83 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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