Apex Corporation is considering the purchase of Pinnacle Company in a stock-for-stock exchange Selected data on the two companies are shown in the following table: Sales (millions) Earnings after taxes (millions) Common shares outstanding millions Share price Earnings per share Dividends per share P/E ratio Dividend payout ratio Apex $2,010 $250 20 22 5 4.00 5 2.00 Pinnade $955 5120 40 42 $ 3.00 $ 1.35 SOM Aasume that there are immediate synergistic benefits of $4 million i Apex and Pinnade mere. Determine EPS for the combined company It Apex offers a (uund your answers to three decimut places) 10 percent premium for Pinnade $ b. 20 percent premium for Pinnacle 5 6.3 percent premium for Pirmadie $