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The projected earnings before interest and taxes (EBIT) of ABC Company are $16,243. The company has 502 shares outstanding. The market value of debt is
The projected earnings before interest and taxes (EBIT) of ABC Company are $16,243. The company has 502 shares outstanding. The market value of debt is $39,727. The interest rate on debt is 2%. What are the Earnings Per Share (EPS) for this company?
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