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peyton plans to raise $1,000,000 million of additional capital for the coming year. They anticipate that is will enable them to earn an additional $600,00
peyton plans to raise $1,000,000 million of additional capital for the coming year. They anticipate that is will enable them to earn an additional $600,00 after tax. What would be the impact on earnings per share if they raise $1,000,000 by issuing $10,000 shares of 10% $100 par value convertible preferred stock, where shares can be converted into 10 shares of Peyton common stock?
issuing $1,000,000 of 8% convertible bond, each $1,000 can be converted into 5 shares of Peyton common shares?
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