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ABC Corporation is projected to earn $218.2 million next year, 11.0 million shares outstnding. The firm is planning to buy DEF Corp for 200 million

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ABC Corporation is projected to earn $218.2 million next year, 11.0 million shares outstnding. The firm is planning to buy DEF Corp for 200 million in cash. ABC wil borrow this 200 million at an annual interest rate of 5% and the corporate tax rate is 30% DEF is projected to earn 19.1 million next year. What is the post-merger EPS of ABC

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