You are given the following estimated per share data related to the S&P Industrials Index for the year $2018$:

You are also informed that the estimated operating profit $($EBIT$)$ margin is $11$ percent and the tax rate is $32$ percent. Do not round intermediate calculations. Round your answers to the nearest cent.

a$.$ Compute the estimated EPS for $2018.$

$

b$.$ Assume that a member of the research committee for your firm feels that it is important to consider a range of operating profit margin $($OPM$)$ estimates. Therefore, you are asked to derive both

optimistic and pessimistic EPS estimates using $9$ and $13$ percent for the OPM and holding everything else constant.

Optimistic EPS: $

Pessimistic EPS: $