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Regardless of the TWX offer price you calculated in the prior questions, now assume that the offer price is $110 (with 100% certainty). Also, the

Regardless of the TWX offer price you calculated in the prior questions, now assume that the offer price is $110 (with 100% certainty). Also, the TWX price before the merger was announced was $93. If the market price of TWX sometime after the merger was $105, what is the probability the market is giving for the merger to be completed successfully? Answer in decimals rounded to two decimals.

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