Provide all work related to this question and excel document

1. An Acquirer purchases 100% of target stock by issuing additional shares. A 20% premium is offered, synergies are expected to increase projected acquirer and target EPSt+1 by 10%. Is deal accretive, dilutive, or breakeven? [20 points] Acquirer Target Share price $36/share $60/share P/E ratio 10x 12x EPS t+1 $3.60 $5.00 Shares outstanding 2,000 1,000 1. An Acquirer purchases 100% of target stock by issuing additional shares. A 20% premium is offered, synergies are expected to increase projected acquirer and target EPSt+1 by 10%. Is deal accretive, dilutive, or breakeven? [20 points] Acquirer Target Share price $36/share $60/share P/E ratio 10x 12x EPS t+1 $3.60 $5.00 Shares outstanding 2,000 1,000