River corp has ten thousand 625 bonds convertible into 40, Ask an Expert

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River Corp has ten thousand? 6.25% bonds convertible into 40 shares per? $1000 bond. River has 522040 outstanding shares. River has a tax rate of? 40%. The average Aa bond yield at time of issue was ten percent. Compute basic earnings per share if? after-tax earnings are ?$725094.

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Financial Management, Finance

Category:- Financial Management
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