Remaining Time: 20 minutes, 38 seconds. * Question Completion Status: Moving to another question will save this response. Question 11 of 20 Question 11 10 points Lynch Ltd acquires Red Ltd in a share for share exchange at relative market values. Lynch Ltd has a higher PE ratio than Red Ltd. There are no benefits expected from the merger. If the market is efficient, which of the following should transpire for the post-acquisition group? O An increase in EPS and an increase in share price An increase in EPS and a decrease in the overall PE ratio O No change in EPS and no change in share price or PE ratio An increase in share price and a decrease in EPS Question 11 of 20 Moving to another question will save this response. ENG