The decision by Elon Musk to takeTwitterprivate means the company will de-list from theNew York Stock Exchange and no longer trade publicly as of November 8, 2022.Christine had owned Twitter shares and is looking to calculate her return on her investment prior to Elon Musk's takeover. She invested in Twitter shares when they were trading at $47 US/share just a year ago. She was quite happy with her investment until Elon Musk purchased the company. As of November 8, 2022, the shares were worth $54.20 US/share and no longer trade after that date. Twitter shares have never paid dividends. What is Christine's return during this holding period of one year?

15.32%

22.14%

12.62%

11.12%

18.20%

Answer rating: 100% (QA)

The detailed answer for the above question is provided below To ... View the full answer