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Suppose Beta Co had 1 0 0 million shares outstanding and earned $ 6 0 0 million, therefore the 'Earning per Share' ( EPS )

Suppose Beta Co had 100 million shares outstanding and
earned $600 million, therefore the 'Earning per Share' (EPS) is
$6. Now suppose Beta sold another 100 million shares
(therefore total shares outstanding is 200 million shares) and
invested the funds received in assets that produced an
additional $200 million of income (therefore total income is
$800 million). Calculate new EPS.
a. $5
b. $4
c. $6
d. $8
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