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A GBS Finance student gathers the following information about a company with a year-end of December 31: Net income for the year was CHF 25.2mio

A GBS Finance student gathers the following information about a company with a year-end of December 31:

  • Net income for the year was CHF 25.2mio

  • Preferred stock dividends of CHF 4.8mio were paid for the year

  • Common stock dividends of CHF 8.4mio were paid for the year

  • 24mio common shares were in issue at the start of the year

  • 7.2mio further common shares were issued on april1

Compute the Companys Basic EPS.

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