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Zurbriggen Corporation is considering two financing alternatives. Under the first alternative, interest expense would be $280,000 and there would be 208,000 common shares outstanding. Under

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Zurbriggen Corporation is considering two financing alternatives. Under the first alternative, interest expense would be $280,000 and there would be 208,000 common shares outstanding. Under the second alternative, interest costs would be $200,000 and there would be 210,000 common shares outstanding. Zurbriggen has EBIT of $800,000 and pays income taxes at a 21% rate. What would Zurbriggen's EPS be under the first financing alternative? A. $1.98. B. $3.85. OC. $2.19. OD. $2.50

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