Apple Co. has no debt outstanding and a total market value of 3 million dollars. EBIT are projected to be 500,000 dollars if the economic conditions are normal. If there is a strong expansion in the economy, then EBIT will be 25 percent higher. If there is a recession, then EBIT will be 15 percent lower. The company is considering a 1.2 million dollar debt issue at an interest rate of 8 percent. The proceeds will be used to repurchase shares of stock. There are currently 10,000 shares outstanding. The company has a tax rate of 25 percent. What is the EPS under a recession if the company goes through with recapitalization?(Do not round intermediate calculations and round your answer to two decimal places, e.g., 32.16)