Question: I need help to answer this question. Thank you! Question 2 (1 point) On October 20, 2020, Avangrid, Inc. (NYSE:AGR) entered into an agreement to
I need help to answer this question. Thank you!

Question 2 (1 point) On October 20, 2020, Avangrid, Inc. (NYSE:AGR) entered into an agreement to acquire PNM Resources, Inc. (NYSE:PNM) for approximately $4 billion. Under the terms of the agreement, PNM Resources shareholders will receive $50.30 in cash for each share of PNM Resources common stock. Suppose that you bought PNM Resources common stock on March 20, 2020 for $29.93 per share and that you are in the 35% tax bracket. What will be your per- share after-tax proceeds? $43.17 $13.24 other $29.93 $50.30 $32.70
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