[单选题]
Jubilee reported profit after tax for the period of USD160,000 and it had 1,000,000 ordinary shares in issue for the whole year.Jubilee had a number of exercisable share options outstanding at the year end. Holders of the options were entitled to buy 50,000 new shares for USD1.60. The average market price of Jubilee’s shares for the previous 12 months was USD2.What figure should Jubilee report for its diluted earnings per share?
A .15.2 cents
B .15.4 cents
C .15.8 cent
D .16 cents
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