LOG-Corporation raised capital by issuing (1) convertible debentures, (2) debentures, (3) convertible preferred shares, (4) preferred shares, and (5) common shares.

Use the following information to identify which security (securities) is (are) dilutive or antidilutive security (securities). Support your answer with all necessary calculation.

Assume the following information for the company:

There are 4,000 convertible debentures outstanding with $1,000 par value and 6% coupon interest paid annually. The bond has 7.5% yield, $912.14 current market price, and 8 years to maturity. The conversion ratio is one convertible debenture can be converted into 50 common shares.

There are 5,000 debentures outstanding with $1,000 par value and 7% coupon interest paid annually. The bond has 8% yield, $937.53 current market price, and 9 years to maturity.

There are 1,000,000 convertible preferred shares outstanding with $25 par value and 8% dividend rate paid out of its par. The current market price is $40. The conversion ratio is one convertible preferred share can be converted into 2 common shares.

There are 2,000,000 preferred shares outstanding with $25 par value and 9% dividend rate paid out of its par. The current market price is $20.

There are 8,000,000 common shares outstanding with the average market price per share and par value per share of $15 and $10, respectively.

Net income available to common stockholders is $12,000,000.

Tax rate is 30%.