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5 Xao received 52.150 s (each option gives her the right to purchase 52 shares of stock for $10 per share) at the tuie Xiao

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Xao received 52.150 s (each option gives her the right to purchase 52 shares of stock for $10 per share) at the tuie Xiao started working. when the stock price was 516.00 per share. Three years latec when the share price was $27,40 per share, Xiao evercited all of the options, How much cash will Xiao need on the exercise date of the stock optians

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