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H Consider Bob Co. and Jerry Co. Both firms are exactly alike except Bob Co. has $1,797 and 465 shares of stock outstanding while
H Consider Bob Co. and Jerry Co. Both firms are exactly alike except Bob Co. has $1,797 and 465 shares of stock outstanding while Jerry Co is all equity and has 617 shares of stock outstanding. Any outstanding debt is a perpetuity with annual coupons at 6.4%. EBIT is $2,659. Assume a tax rate of 20%. What is Jerry Co.'s EPS? [Enter your answer to two decimal places]
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