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Which of the following always reduces the diluted earnings per share of a profitable firm? a. Issuing common stocks. b. Paying less than book (carrying)

Which of the following always reduces the diluted earnings per share of a profitable firm? a. Issuing common stocks. b. Paying less than book (carrying) value to retire outstanding bonds. c. Issuing cumulative preferred stock. d. Retiring convertible bonds. e. Purchasing treasury stock.

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