You own shares in yahoo that were purchased at a price of, Financial Management

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

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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