e

A company has 1,500,000 shares of common stock outstanding. It has 200 convertible bonds outstanding with a coupon rate of 7% and a face value of $1000 Each bond converts into 1000 common shares The company also has 800 shares of convertible preferred stock outstanding which pays a dividend of 2% on a par value of $100, which converts into 800 shares of common per preferred share The company reported net income of $9,000,000 The tax rate is 25% a. What is the basic EPS? b. What is the diluted EPS