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Three different plans for financing a $5,650,000 corporation are under consideration by its organizera. Under each of the following pians, the securites will be issued

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Three different plans for financing a $5,650,000 corporation are under consideration by its organizera. Under each of the following pians, the securites will be issued at thair par or face mount, and the income tax rate is estimated at 40N of income. Round the answers to nearest cent. Instructions: 1. Determine for esch plan the earnings per share of common stock, assuming that the income before bond interest and income tax is $1,100,000

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