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You own shares in Yahoo that were purchased at a price of $21 per share. Microsoft has offered to purchase and buy your shares at
You own shares in Yahoo that were purchased at a price of $21 per share. Microsoft has offered to purchase and buy your shares at a price of $31 per share. What will be your return if you tender your shares to Microsoft and the deal is completed? **So I got that return is Selling Price minus Purchasing price, which in this case is $10. Although the answer is supposed to be 47.62%. Not sure how to get there
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