CFA level one 問題詢問... - 金融分析師

不好意思...問依個簡單的問題...
我是用Shulman Review
在 financial statement analysis中
有關basic eps and dilutive eps裡
公式裡
basic eps的分子項要減除preferred stock dividends
dilutive eps裡
如果在convertible preferred stock的情況下
書裡是說不需要減除preferred stock dividends(不就算是加回去)

題目是:(P.139 Q3)
A company had 22,000 outstanding shares of convertible preferred stock,
par value $100. The dividend is 15% yearly and the company's tax rate is 40%
Each share of preferred stock is convertible into 2 shares of common stock.
The effect on the calculation of diluted earnings per share would be to
(A) increase the numerator by $330000 and increase the denominator by 44000.
(B) leave the numerator unchanged and increase the denominator by 44000.
(C) increase the numerator by $198000 and increase the denominator by 44000.
(D) leave the numerator unchanged and increase the denominator by 22000.
書裡的答案是
(B)
"Since the convertible issue is preferred stock, there is no effect on the
numerator. the denominator increases by the number of additional common

為什麼答案不是(A)呢?計算dilutived eps的話...可轉換特別股變成普通股
相對的特別股股利就沒了不是媽?跟basic eps相比的話不是要把當初扣除的
特別股股利加回去嗎? 怎嚜會是沒有影響呢?

請高手解解惑....懷疑答案有錯....快抓破腦袋了

--