ABC has 100,000 equity shares in issue on 1 January 2000 On 1 January 2000 it issues 200,000$ of 5% convertible debt. The terms of conversion allow the debt holder to convt100$ of sebt to 12 shared on 30 Sep 2004 The profit after tax for year ended 31 Dec 2000 is 300,000 The rate tax 30% What is diluted earnings per share for year ended 31 Dec 2000 1- 2.42 2-2.48 3- 2.5 4-3