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Given the following information, how many shares should be used in computing diluted EPS? - 300,000 shares outstanding. - 100,000 warrants exercisable at $50 per share. Average share price is $55. - Year-end share price is $60. A. 9,091. B. 90,909. C. 309,091.

Given the following information, how many shares should be used in computing diluted EPS? - 300,000 shares outstanding. - 100,000 warrants exercisable at $50 per share. Average share price is $55. - Year-end share price is $60. A. 9,091. B. 90,909. C. 309,091.

Essentials Of Investments
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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2. Given the following information, how many shares should be used in computing diluted EPS? 300,000 shares outstanding. - 100,000 warrants exercisable at $50 per share. Average share price is $55. - Year-end share price is $60. A. 9,091. B. 90,909. C. 309,091.
Transcribed Image Text:2. Given the following information, how many shares should be used in computing diluted EPS? 300,000 shares outstanding. - 100,000 warrants exercisable at $50 per share. Average share price is $55. - Year-end share price is $60. A. 9,091. B. 90,909. C. 309,091.
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