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Dulce corporation had 190000 shares of common stock

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Dulce Corporation had 190,000 shares of common stock outstanding during the current year. At the beginning of the year, options for 13,000 shares of common stock were granted with an exercise price of $20. The market price of the common stock averaged $25 for the year. Net income was $4.9 million. What is diluted EPS? (Round your answer to 2 decimal places.)

Reference no: EM13612527

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