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You own shares in Yahoo that were purchased at a price of $25 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? OA. 21% OB. 19% OC. 20% OD. 14%

You own shares in Yahoo that were purchased at a price of $25 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? OA. 21% OB. 19% OC. 20% OD. 14%

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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You own shares in Yahoo that were purchased at a price of $25 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? O A. 21% OB. 19% OC. 20% OD. 14%
Transcribed Image Text:You own shares in Yahoo that were purchased at a price of $25 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? O A. 21% OB. 19% OC. 20% OD. 14%
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