X Ltd. is contemplating a complete share acquisition of Y Ltd. X Ltd. is offering 3 of its shares for every 2 shares of Y Ltd. The data relating to the two companies are shown below: Earnings Earnings per share (EPS) Market price per share (MPS) X Ltd; Kshs.5,190,360.00 14.80 222.00 Y Ltd. Kshs 2,340,000.00 29.25 322.00 Required: (i) Determine the effect of the acquisition of each company's earnings per share. (4 marks) (ii) Given that the growth rate of X Ltd. is 8% while that of Y Ltd. is 12%. Compute the combined growth rate of two companies. (2 marks)