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Tod corporation is planning an equity issue to finance issue to fianicne a new project ? Todd plans to issue 100,000 shares of stock projected

Tod corporation is planning an equity issue to finance issue to fianicne a new project ? Todd plans to issue 100,000 shares of stock projected after tax earning after completion of the project are 1,600,000 and shares outstanding will total 200,000. What is the projected EPS after completion of the project?

A. $ 8.00

B $8.50

C. $9.00

D none off the above

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