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?

Question

Quizplus · Accepted Answer

The return is calculated as ((Selling Price - Purchase Price) / Purchase Price) * 100 = (($31 - $21) / $21) * 100 = 47.62%.

You Own Shares in Yahoo That Were Purchased at a Price