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Year 2015 Jlb has 6.000,000 ordinary shares of 50 cents each in issue, they also had in issue: - $2.000.000 of 12% convertible loan stock,

Year 2015 Jlb has 6.000,000 ordinary shares of 50 cents each in issue, they also had in issue: - $2.000.000 of 12% convertible loan stock, convertible in 3 years' time at the rate of two shares per S10 of stock - $3.000.000 of 8% convertible loan stock, convertible in 2 year's time at the rate of 4 shares per S5 of stock

Earnings in 2015 were $2, 000. 000.

Tax rate is 25%

What is the basic EPS and diluted EPS?

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