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commonwealth corporation is planning an equity issue to finance a new project. commonwealth plans to issue 100,000 shares of stock. Projected after-tax earnings after completion

commonwealth corporation is planning an equity issue to finance a new project. commonwealth plans to issue 100,000 shares of stock. Projected after-tax earnings after completion of project are $2 million and shares outstanding will total 200,000. what is the projected EPS after completion of the project?

A) $6 B) $8 C) $10 D) None of the above

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