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You own shares in Yahoo that were purchased at a price of $21 per share. Microsoft has offered to purchase Yahoo and buy your shares
You own shares in Yahoo that were purchased at a price of $21 per share. Microsoft has offered to purchase Yahoo 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?
A) 47.62%
B) 33.45%
C) 49.65%
D) 43.34%
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