King Lyon has the following assets. Current assets Capital assets $2,560,000 7,550,000 Total assets $19, 110,000 During 4 months of the year, current assets drop to $1050,000 (total assets will then be $8,600,000). Its operating profit (EBIT) is expected to be $487.500. Its tax rate is 30 percent Shares are valued at $20. Its capital structure is short-term financing at 3 percent and long-term financing of 30 percent equity, 70 percent debt at 5 percent. a. Calculate expected EPS If the firm is perfectly hedged. (Do not round intermediate calculations and round your final answer to 2 decimal places.) EPS