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Robert Pattinson Ltd. has issued capital of $ 30 millions divided into 30,000 equity shares of $ 100 each. The management has an expansion plan and require investment of another 20 millions . Funds can be raised through any of the four alternatives as given below: (1) Entire sum through issue of equity shares. (2) $ 10 millions through equity shares and $ 10 millions through debentures. (3) $ 5 millions through equity shares and $ 15 millions through 10% debentures. (4) $ 10 millions through equity shares and $ 10 millions through 5% preference shares. The expected earnings before interest and tax is $ 10 millions . Assuming a corporate tax rate of 50%, determine the earnings per share (EPS) in each of the above alternatives. Suggest which alternative is best suited to the company