Kevin is the CFO of Nana Inc. Kevin said the firm earned $13 million last year and maintains a 20% dividend payout ratio. The company has 2 million shares of common stock outstanding and a P/E ratio of 12. What amount of earnings per share did Nana Inc. generate?
A. $2.60
B. $5.30
C. $6.50
D. $7.80
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