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Chanukah Company has convertible bonds, convertible preferred stock, and stock warrants outstanding for all of 2021. Chanukah Company reports the following information for 2021: Item
Chanukah Company has convertible bonds, convertible preferred stock, and stock warrants outstanding for all of 2021. Chanukah Company reports the following information for 2021:
Item | Amount |
---|---|
Basic EPS | $4.60 |
Interest expense from convertible bonds, net of tax | $182,000 |
Number of shares the bonds convert into | 42,000 |
Preferred stock dividend | $140,000 |
Number of shares the preferred stock converts into | 37,000 |
Number of shares the warrants could be redeemed for | 14,000 |
Strike price for each warrant | $53 |
Average market price for a share of common stock | $44 |
Based on the above information, which of the following is anti-dilutive?
Convertible bonds
Convertible preferred stock
None
Stock warrants
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