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Last year Desmond Co made profits before tax of $ 2 , 6 2 8 , 0 0 0 . Tax amounted to $ 7

Last year Desmond Co made profits before tax of $2,628,000. Tax amounted to $788,000.
Desmond Co's share capital was $2,000,000(2,000,000 shares of $1) and $4,000,0006%
preference shares.
What was the earnings per share (EPS) for the year (insert your answer to two decimal places)

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