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During 2 0 2 0 , Crystal Inc. had 5 0 0 , 0 0 0 shares of common stock and 5 0 , 0
During Crystal Inc. had shares of common stock and shares of cumulative preferred stock outstanding. The preferred stock has a par value of $ per share. Crystal didn't declare or pay any dividends during Crystal's net income for the year ended December was $ million. The income tax rate is Crystal granted stock options to its executives on January of this year. Each option gives its holder the right to buy shares of common stock at an exercise price of $ per share. The options vest after one year. The market price of the common stock averaged $ per share during What's Crystal's basic earnings per share for rounded to the nearest cent? A $ B$ C None of these answer choices are correct, or D $
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