pay $12\%$ annual interest. The firm also has $2\mathrm{.}8$ million shares of common stock outstanding that sells for $$17$ per share.

a$.$ Based on LexMart's current annual NOP of $$21,500,000$ and its corporate tax rate of $21\%,$ what is its EPS?

c$.$ After the expansion, what level of annual NOP will LexMart have to generate to maintain its current level of EPS?

a$.$ LexMart's current EPS is $$4\mathrm{.}454.($Round to three decimal places.$)$

b$.$ The number of bonds LexMart will have to sell to pay for the expansion is bonds. $($Round the the nearest whole number.$)$