单选题
The Fischer Company had net income of $1500000. Fischer paid preferred dividends of $ 5 on each of the 100000 preferred shares. There are 1 million Fischer common shares outstanding. In addition to the common and preferred stock, Fischer has $ 25 million of 4 percent bonds outstanding. The face value of each bond is $1000. Each bond is convertible into 40 common shares. If Fischer' s tax rate is 40 percent, determine its basic and diluted earnings per share? Basic EPS Diluted EPS ①A. $1.00 $1.25 ②B. $1.50 $1.25 ③C. $1.00 $0.80