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McDonnell-Myer Corporation reported net income of $645 million. The company had 413 million common shares outstanding at January 1 and sold 30 million shares on

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McDonnell-Myer Corporation reported net income of $645 million. The company had 413 million common shares outstanding at January 1 and sold 30 million shares on February 28. As part of an annual share repurchase plan, 12 million shares were retired on April 30 for $25 per share. Calculate McDonnell-Myer's earnings per share for the year. (Do not round Intermediate calculations, Round your final answer to 2 decimal places.)

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