A company has basic EPS of $29 per share. If the tax rate is 30%, which...

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Accounting

  1. A company has basic EPS of $29 per share. If the tax rate is30%, which of the following securities would be dilutive?
  1. Cumulative 8%, $50 par preferred stock
  2. Ten (10%) percent convertible bonds, with each $1,000 bondconvertible into 20 shares of common stock.
  3. Seven (7%) percent convertible bonds, with each $1,000 bondconvertible into 40 shares of common stock.
  4. Six (6%) percent,$100 par cumulative convertible preferredstock with each preferred share convertible into 4 shares of commonstock.

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