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When is a merger accretive? a. Acquirer's pro forma EPS is lower b. Target's P/E is higher than acquirer's c. Acquirer's P/E is lower than

When is a merger accretive?

a. Acquirer's pro forma EPS is lower

b. Target's P/E is higher than acquirer's

c. Acquirer's P/E is lower than target's

d. Acquirer's P/E is higher than target's

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