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Use the following information to calculate the non-dilutive exchange ratio [EPS (Gillette)= $1.60 and EPS (P&G) = $1.88]. Is P&G's offer dilutive or accretive? Show

Use the following information to calculate the non-dilutive exchange ratio 

[EPS (Gillette)= $1.60 

and 

EPS (P&G) = $1.88]. 

Is P&G's offer dilutive or accretive? Show your calculation.



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