Tr Dutta Ltd. is a highly successful company and wishes to expand by acquirin expected high growth in earnings and dividends is reflected in its prie-earning (P/B b The Board of Directors of Dutta Ltd. has been advised that if it were to takeover firms wi P/E ratio than its own, using a share - for - share exchange, it could increase its reported ean per share. Chopra Ltd. has been suggested as a possible target for takeover, which as a P/Eai 10 and 10,00,000 shares in issue with a share price o 15 each. Dutta Ltd. has 50,00,000 share in issue with a share price of ? 12 each. io of ih Calculate the change in earnings per share of Dutta Ltd., if it acquires Chopra Ltd. shares for t1 per share, assuming that the price of Dutta Ltd. shares remains constant