Question 19 (1 point) A company is considering investing in a new project that will cost $5,422,280 and increase net income by 5.54%. This project will be completely funded by issuing new equity shares. Currently, the firm has 1,807,420 common shares outstanding with a market price of $27.08 per share. The current earnings per share are $1.46. What will be the earnings per share if the project is implemented? $1.32 $1.35 $1.39 $1.42 $1.46 Previous Page Next Page Page 19 of 25