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Help Save & Exht Sub XYZ, Inc., is an all-equity firm with a total market value of $597,000 and 40,100 shares of stock outstanding. Management

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Help Save & Exht Sub XYZ, Inc., is an all-equity firm with a total market value of $597,000 and 40,100 shares of stock outstanding. Management believes the earnings before interest and taxes (EBIT) will be $84,600 if the economy is normal. If there is a recession, EBIT will be 20 percent lower, and if there is a boom, EBIT will be 30 percent higher. The tax rate is 34 percent. What is the EPS in a boom? Multiple Choice $167 $.97 $1.11 $139 Next > O $1.67 O $.97 O $1.11 O O $1.39 $1.81

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