CFA Level I sample question

CFA Level I Analyzing Income Statements question

Financial Statement Analysis / Analyzing Income Statements

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Analyzing Income Statements sample question

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Financial Statement Analysis

Analyzing Income Statements

Kestrel Dynamics reports net income of $4,500,000 with 1,500,000 weighted-average common shares outstanding. It has 200,000 employee stock options with an exercise price of $25 (average market price $40) and a $10,000,000 face value convertible bond with a 6% annual coupon, convertible into 300,000 common shares. The tax rate is 25%. Diluted EPS is closest to:

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