Halium Company issued 400,000 $100 6% convertible loan notes on 1 April 2015. The company has in issue 50M $1 ordinary shares. Interest is payable annually in arrears on 31 March each year. The loan notes can be converted to equity shares on the basis of 20 shares for each $100 loan note on March 2018 or redeemed at par for cash on the same date. The debt component of the loan is $37,792M and a similar loan with no conversion right would be at 8% interest. The carrying amount for the loan as at 31 March 2016 is $38,415M with a finance cost of $3.023M. The companys tax rate is 20% and the earnings for the period is $14.327M Calculate the diluted EPS for Halium Company for the year ended 31st March 2016. (12 marks) B. On 1 October 2019, Etta Co had 25 million equity shares of 50 cents each. No new shares were issued during the year ended 30 September 2020. However, on that date, there was an outstanding share option to purchase 2 million equity shares at $1.20 each. The average value of equity shares during the year to September 30, 2020, was $3. Ettas profit after tax for the year-end was $1,550,000. Calculate the basic and diluted earnings per share for Etta.