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A firm is reporting net income to common shareholders of $21.25 million. The firm has 45 million common shares outstanding and has no convertible preferred

A firm is reporting net income to common shareholders of $21.25 million. The firm has 45 million common shares outstanding and has no convertible preferred stock or debt. If all stock options and warrants were exercised, the firm would have 50 million common shares. What would the basic and diluted eps be?

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