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A company issued 10,000, $1,000 face value, 10%, 10-year convertible bonds on January 1, 20x1 at 102. The firm's tax rate is 30%. Assuming straight-line
A company issued 10,000, $1,000 face value, 10%, 10-year convertible bonds on January 1, 20x1 at 102. The firm's tax rate is 30%. Assuming straight-line amortization for bond premiums and discounts, the addition to the numerator for purposes of computing diluted earnings per share for the year ended December 31, 20x1 is
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