A firm has 3000 shares. Both you and Ms. Dotty are among them. Ms. Dotty...
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A firm has 3000 shares. Both you and Ms. Dotty are among them. Ms. Dotty owns 215 shares and is trying to fire the management, so management is offering to buy her out for a $6 a share premium. The current market price per share is $47. What will be the value of each of your shares if Ms. Dotty takes this offer?
$46.54
$52.34
$47.00
$49.67
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