Questions 10 points Save Answer A company has 500,000 shares of common stock outstanding. It has 10 convertible bonds outstanding, with a coupon rate of 4% and a face value of $1000 Each bond converts into 20 common shares. The company also has 50 shares of convertible preferred stock outstanding which pays a dividend of 4% on a par value of 5100, which converts into 100 shares of common The company reported net income of $1,300,000 The tax rate is 28% a. What is the basic EPS? b. What is the diluted EPS