XYZ corp has 2 convertible securities: 8% 100 par preferred stock 1,000 shares, each share is convertible
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Question:
XYZ corp has 2 convertible securities:
8% 100 par preferred stock 1,000 shares, each share is convertible into 4 common shares.
10% bonds face value 100,000.00
Tax rate is 30%
The bonds are convertible into 5,000 shares of common stock.
compute the effect on EPS for each security.
Posted Date: