Cox Corporation has the following assets:

During $4$ months of the year, current assets drop to $$1,500,000($total assets will then be $$9,500,000).$ Its operating profit $($EBIT$)$ is

expected to be $$496,500.$ Its tax rate is $20$ percent. Shares are valued at $$20.$ Its capital structure is short$-$term financing at $3$ percent

and long$-$term financing of $40$ percent equity, $60$ percent debt at $5$ percent.

a$.$ Calculate expected EPS if the firm is perfectly hedged. $($Do not round intermediate calculations and round your final answer to $2$

decimal places.$)$

EPS $