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You own shares in Yahoo that were purchased at a price of $24 per share. Microsoft has offered to purchase Yahoo and buy your shares

You own shares in Yahoo that were purchased at a price of

$24

per share. Microsoft has offered to purchase Yahoo and buy your shares at a price of

$30

per share. What will be your return if you tender your shares to Microsoft and the deal is completed?

A.

25%

B.

17.5%

C.

23.75%

D.

26.25%

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