## Organic Chemistry (8th Edition)

The reaction will take place in following steps: 1) Electrophilic attack of $^+Hg(OAc)$ forms a mercurinium ion. 2) $OH^-$ attacks the most substituted carbon and opens the ring to give an organomercurial alcohol. 3) Demercuration with $NaBH_4$ replaces the mercuric fragment with hydrogen to give an alcohol.