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A Corporation has a $1-million, 6% debt issue that is convertible into 10,000 common shares. Net income for the year is $210,000, the weighted average

A Corporation has a $1-million, 6% debt issue that is convertible into 10,000 common shares. Net income for the year is $210,000, the weighted average number of common shares outstanding is 100,000 shares, and the tax rate is 20%. Is the convertible debt antidilutive?

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