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The Hamilton Corporation has 4 million shares of stock outstanding and will report earnings of $6,710,000 in the current year. The company is considering the

The Hamilton Corporation has 4 million shares of stock outstanding and will report earnings of $6,710,000 in the current year. The company is considering the issuance of 2 million additional shares that can only be issued at $39 per share. a. Assume the Hamilton Corporation can earn 6.00 percent on the proceeds. Calculate the earnings per share. (Do not round intermediate calculations and round your answer to 2 decimal places.) Answer is complete but not entirely correct. Earnings per share $ 3.40 x

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