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Corp. has several types of stock - based compensation plans including a stock purchase plan that allows employees to buy shares at a 1 5
Corp. has several types of stockbased compensation plans including a stock purchase plan that allows employees to buy shares at a discount. During the current year, employees purchased shares under this plan. Also, the company granted stock options with estimated fair value of $ per option. The options vest ratably over three years. Pedernaless average stock price during this year was $ Determine Pedernaless stockbased compensation expense for the current year.
Note: Round your answer to the nearest whole dollar.
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