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The projected earnings before interest and taxes (EBIT) of ABC Company are $10,603. The company...

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Accounting

The projected earnings before interest and taxes (EBIT) of ABC Company are $10,603. The company has 649 shares outstanding. The market value of debt is $18,630. The interest rate on debt is 5.9%. What are the Earnings Per Share (EPS) for this company? Enter your answer rounded off to two decimal points. Do not enter $ in the answer box.

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