XYZ, Inc., is an all-equity firm with a total market value of $652,000 and 43,100 shares of stock outstanding Management believes the earnings before interest and taxes (EBIT) will be $89,100 if the economy is normal. If there is a recession, EBIT will be 20 percent lower, and if there is a boom, EBIT will be 30 percent higher. The tax rate is 40 percent. What is the EPS in a boom? 11 Multiple Choice $1.49 $.87 $.99 $1.24