Wonda Inc aims to acquire Ovaltime Ltd in the near future. As an analyst, you have compiled the data as follows: Share Price Revenue Net Profit Margin Outstanding Shares Wonda Inc 20 Ovaltime Ltd 6 5000000 1000000 20% 100000 15% 100000 As per the table is shown above, calculate the following: a) of shares to be issued by the acquirer b) Post-merger EPS c) Post-merger P/E if market is efficient d) Post-merger P/E if market is not efficient e) One-day after the M&A process, the new company stock price becomes Rm 10, with 3- month T-bills 5%, bursa Malaysia return was 12% with risk premia of 0.8. Is there any abnormal return from the M&A Process? Prove it. [10 marks]