Suppose in a world with NO corporate tax, firm ABC currently has no debt. It has 16,000 shares outstanding and the price per share is $0,040. The firm is considering to adopt a new capital structure by borrowing $ 152,500 at 6.5%. Use borrowed money it will buy back stocks at the current price. This will reduce its shares outstanding. The firm expects to generate EBIT of 26,000 a year forever. What is EPS under proposed new capital structure assume No corporate tax ? (Format and round answer to two decimals, for example, 1.20 )