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In 2021, SM Ent. will have 800000 ordinary shares outstanding. In addition, in 2019, the company sold 10000 20-year, 7% bonds at par. After November

In 2021, SM Ent. will have 800000 ordinary shares outstanding. In addition, in 2019, the company sold 10000 20-year, 7% bonds at par. After November 9, 2024, each 2000 bond will be convertible into 40 ordinary shares. After deducting all costs, the company earn 1200000 for the year. The tax rate was set at 30%. Prepare the basic EPS as well as the diluted EPS.

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