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Maxwell Communications Corporation has after-tax earnings of $1,553,000 before paying $45,000 in dividends to its preferred stockholders. If Maxwell has 500,000 common stockholders, its earnings

Maxwell Communications Corporation has after-tax earnings of $1,553,000 before paying $45,000 in dividends to its preferred stockholders. If Maxwell has 500,000 common stockholders, its earnings per share (EPS) are

a. $4.50. b. $4.00. c. $3.05. d. $3.02.

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