Problem 2: EPS -continued 2.3. DJ Co. is a calendar-year firm with 120 million common shares outstanding throughout the current year. The company's net income was $480 million in the current year. The company had 12 million fully vested stock options permitting executives to buy 12 million shares of stock for $10 each. The average market price of the stock during the current year was $12 per share. Requirod: a. Calculate DJ's basic EPS (2 pts). b. What is DJ's diluted EPS ( 6 pts)