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On May 10 2010 Optima Corporation granted Edward an option toacquire 500 shares of the company&stock for $10 per share Thefair market price of the stock on the date of grant was

On May 10, 2010, Optima Corporation granted Edward an option toacquire 500 shares of the company's stock for $10 per share. Thefair market price of the stock on the date of grant was $12. Thefair market value of the option at the date of grant was $3. Edwardexercises the option on July 1, 2013, when the fair market value ofthe stock is $20. What is Edward's

Mar 23 2020 View more View Less

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