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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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