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Marsh Co . had 2 , 4 0 0 , 0 0 0 ordinary shares outstanding on January 1 and December 3 1 , 2

Marsh Co. had 2,400,000 ordinary shares outstanding on January 1 and December 31,2011. In connection with the acquisition of a subsidiary company in June 2010, Marsh is required to issue 100,000 additional ordinary shares on July 1,2012, to the former owners of the subsidiary. Marsh paid $200,000 in preference share dividends in 2011, and reported net income of $3,400,000 for the year. Marsh's diluted earnings per share for 2011 should be
Question 6 options:
$1.28.
$1.33.
$1.36.
$1.42.

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