Crispin Plc is a publicly listed company. The issued share capital of Crispin consists of 800,000 ordinary shares. There are no preference shares. Some years ago, Crispin Plc issued $1 million of 10% convertible loan stock, convertible in 2015 at the rate of 2 ordinary shares for every $10 of loan stock. Crispins profit after tax for the year to 31 March 2011 is $ 640,000.00 a) Calculate basic EPS for the year to 31 March 2011. b) Calculate diluted EPS for the year to 31 March 2011, assuming that the company pays tax at 30%. c) Assuming that the loan stock was not issued some years ago but was in fact issued on 1 October 2010 I. Calculate basic EPS for the year to 31 March 2010 II. Calculate Diluted EPS for the year to March 2010, assuming that the company pays tax at 30% What do you understand by the term theoretical ex rights price