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Rockland Corporation earned net income of $$300,000$ in $2025$ and had $100,000$ shares of common stock outstanding throughout the year. Also outstanding all year was $$800,000$ of $5\%$ bonds, which are convertible into $16,000$ shares of common. Rockland's tax rate is $20$ percent.

Compute Rockland's $2025$ diluted earnings per share. $($Round answer to $2$ decimal places, e$.$g$.3\mathrm{.}55.)$

Diluted earnings per share

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