LaurelHill Inc announced to purchase 10 million shares through a Dutch auction tender offer with a price range of $36-$56 per share. Shareholders respond with prices they are willing to accept and the number of shares they will tender as follows: Shareholder Identity Tender Price Shares to be Tendered LTCM $51.48 3,200,000 Citadel $48.92 1,000,000 Fidelity $46.70 1,500,000 Vanguard $40.31 5,500,000 Bridgewater $36.89 2,000,000 Upon the tender offer completion, how much does Fidelity receive for each share tendered? Select one: O a. $43.21 O b. $48.92 O c. $46.70 O d. $36.89 On October 5th, 2020, JRN Corporation announced a dividend of $0.82 per share with the ex-dividend date set to be November 10th, 2020. JRN stock's closing price on November 9th, 2020 was $64.5 per share. Assume that all investors pay a 25% tax on dividends and a 21% tax on capital gains. On November 10th, 2020, the opening price of a share of JRN's stock should be closest to Select one: O a $63.64 O b. $63.68 O c. $63.72 O d. $63.89 LaurelHill Inc announced to purchase 10 million shares through a Dutch auction tender offer with a price range of $36-$56 per share. Shareholders respond with prices they are willing to accept and the number of shares they will tender as follows: Shareholder Identity Tender Price Shares to be Tendered LTCM $51.48 3,200,000 Citadel $48.92 1,000,000 Fidelity $46.70 1,500,000 Vanguard $40.31 5,500,000 Bridgewater $36.89 2,000,000 Upon the tender offer completion, how much does Fidelity receive for each share tendered? Select one: O a. $43.21 O b. $48.92 O c. $46.70 O d. $36.89 On October 5th, 2020, JRN Corporation announced a dividend of $0.82 per share with the ex-dividend date set to be November 10th, 2020. JRN stock's closing price on November 9th, 2020 was $64.5 per share. Assume that all investors pay a 25% tax on dividends and a 21% tax on capital gains. On November 10th, 2020, the opening price of a share of JRN's stock should be closest to Select one: O a $63.64 O b. $63.68 O c. $63.72 O d. $63.89