Q1 - Review Picture.

The Hamilton Company currently has 5 million shares of stock outstanding and will report earnings of $5.99 million in the current year. The company is considering the issuance of? million additional shares can be issued only at $35 per share. a. Assume the Hamilton lCompany can earn 31.] percent on the proceeds of the share issue in time to include it in the current year's results. Calculate the earnings per share. [Do not round the Intermediate calculations. Round the final answer to 2 decimal places} Earnings per share $ |:| h. Should the new issue be undertaken based on earnings per share? 0 No C) 'r'es