Last year, Wahlen Corporation reported basic and diluted EPS in an amount less than basic EPS due to outstanding stock options. Those options were exercised on January $1$ of the current year.

During the current year, Wahlen Corporation had $2$ million shares of common stock outstanding. Two thousand $10\%$ convertible bonds, each with $$1,000$ face value, were issued at face amount at the beginning of the year. Wahlen reported net income of $$2$ million for the year. Each bond is convertible into $10$ shares of common stock. The tax rate is $25\%.$ What is diluted EPS $($rounded$)?$

Multiple Choice

$$0\mathrm{.}90$

$$0\mathrm{.}95$

$$1\mathrm{.}00$

$$1\mathrm{.}10$