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he XYZ Inc earned net income of $356,900 during the current fiscal year and had 118,970 common shares outstanding throughout the year. Also outstanding all
he XYZ Inc earned net income of $356,900 during the current fiscal year and had 118,970 common shares outstanding throughout the year. Also outstanding all year were $951,730 carrying value of 11.53%-coupon bonds convertible into 30,890 common shares in total. The company's tax rate is 27.11%. Ignoring the IFRS requirement to record the debt and equity components of the bonds separately, what is the company's fully diluted earnings per share? $2.62 $2.70 $2.77 $2.84 $2.92
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