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Emerald Inc has $5,000,000,6% convertible bonds outstanding at December 31,2022, each $1,000 bond is convertible...

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Accounting

Emerald Inc has $5,000,000,6% convertible bonds outstanding at December 31,2022, each $1,000 bond is convertible in to 45 common shares. Assuming a tax rate of 25%, what is the incremental impact on EPS of this potential common share item (ie. what is the impact to income divided by the impact to common shares)?

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