Summer Tan, Incorporated, is an all-equity firm with a total market value of $487,000 and 34,100 shares of stock outstanding. Management believes the earnings before interest and taxes (EBIT) will be $75,600 if the economy is normal. If there is a recession, EBIT will be 20 percent lower, and if there is a boom, EBIT will be 30 percent higher. The tax rate is 21 percent. What is the EPS in a boom? Multiple Choice $1.33 $1.06 $1.60 $2.28 $.93