BAC 823: CORPORATE FINANCE DSVOL ASSIGNMENT X Ltd intends to take-over Y Ltd by offering two of its share for every five shares in Y Company Ltd. Relevant financial data is as follows: EPS Market price per share Price earnings ratio No. of shares Total earnings Total market value Shs 10,000,000Shs 10,000,000 X LtdY Ltd Shs 2Shs 2 Shs 100Shs 40 5020 100,000250,000 Shs 200,000Shs 500,000 REQUIRED: Compute the combined EPS & MPS Has wealth been created for shareholders? (10 marks) (5 marks) a. b