rkapoor

Joetheboss Wrote:
-------------------------------------------------------
> I'm gonna piggy back on here with my diluted eps
> question
>
> NI 16,500,000
> Shares outstanding 300,000
> Tax rate 40%
> Avg share price $372
> 50,000 Convertible bonds outstanding @ 9% with
> 1,000par value
> Bonds convertible into 2 shares common
>
> this is a schweser question and I am getting the
> wrong value for diluted EPS and I would like to
> see what one of you guys get.
>
> Thanks much


What is the answer? 48