The Hamilton Company currently has 2 milion shares of stock outstanding and will report earnings of $616 million in the current year The company is considering the issuance of 2 million additional shares of stock that will net $30 per share to the corporation (Do not round intermediate calculations. Round the final answers to 2 decimal places.) a. What is the immediate dilution potential for this new share issue? Dilution per share b-1. Assume the Hamilton Company can earn 13.90 percent on the proceeds of the share issue in time to include it in the current year's results Calculate earnings per share. Earnings per share S b-2. Should the new issue be undertaken based on eamings per share? Yes No