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Stober Corporation had 97 milion shares of common stock outstanding during the current calendar year On July 1, Stober issued twenty. seven thousand $1,000 face

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Stober Corporation had 97 milion shares of common stock outstanding during the current calendar year On July 1, Stober issued twenty. seven thousand $1,000 face value, convertible bonds. Each bond is convertible into 50 shares of common stock. The bonds were issued at face amount and pay interest semiannualy for 20 years They have a stated rate of 10% Stober had income before tax of $49.5milion and a net income of $30.07 miltion. Stober would report the following EPS dato (rounded)

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