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Q13 The debt financing proportion (DFP) is 20% of the capital financing requirement (CFR) and ten…

Q13The debt financing proportion (DFP) is 20% of the capital financing requirement (CFR) and ten percent of the EBIT. The interest rate (IR%) of the Bank is 30% of the tax rate (TR%). If the DFP is N$255 512and the TR% is 43% with the share price (SP) being N$58 and the existing number of shares outstanding (NOSO) is 25 123 445, solve EPS15/85. Provide the EPS answer in four decimal figures. [The notation EPSDFP/SFP applies where EPS = earnings per share; DFP = debt financing proportion; SFP = shares financing proportion; shares financing amount (SFA)].

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