Question
The Alpine Mining Co. has the following capital structure: Bonds (7.4%) $60 mil Common Stock ( $3 par) $84 mil Retained Earnings $70 mil The
The Alpine Mining Co. has the following capital structure:
Bonds (7.4%) $60 mil
Common Stock ( $3 par) $84 mil
Retained Earnings $70 mil
The firm has EBIT of $130 million and a tax rate of 30 percent. What is the EPS?
$1.05
$2.14
$3.14
$.71
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Finance
Authors: Angelico Groppelli, Ehsan Nikbakht
2nd Edition
0812043731, 978-0812043730
