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a Questions 10 points we A company has 800,000 shares of common stock outstanding. It has 30 convertible bonds outstanding, with a coupon rate of

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a Questions 10 points we A company has 800,000 shares of common stock outstanding. It has 30 convertible bonds outstanding, with a coupon rate of 5% and a face value of $1000 Each bond converts into 100 common shares The company also has 75 shares of convertible preferred stock outstanding which pays a dividend of 3% on a par value of $100, which converts into 30 shares of common per preferred share. The company reported net income of $750,000 The tax rate is 15% a. What is the basic EPS? b. What is the diluted EPS

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