te diluted EPS? * Net income of $1,500,000, tax rate of 35%. * 1,000,000 shares of common are outstanding at the beginning of the year. * 10,000,5% convertible bonds with each bond convertible into 10 shares of common stock were issued at par ($100) on June 30 th of last year. * The firm has 100,000 warrants outstanding all year with an exercise price of $25 per share. * The average stock price for the period is $50.
A.1,150,000
B.1,100,000
C.1,650,000