Dawson Motor Company has $6$ million shares outstanding with total earnings of $$12$ million. The company is considering issuing $1\mathrm{.}5$ million new shares.

What will be the immediate dilution in earnings per share?

If the new shares can be sold at $$25$ per share and the proceeds will earn $12$ percent, will there still be dilution? Based on the new EPS, should the new shares be issued?