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7 The Balboa Company grants Paulie one incentive stock option (ISO) on January 11 of Year 1. The exercise price is $15. What is the

7 The Balboa Company grants Paulie one incentive stock option (ISO) on January 11 of Year 1. The exercise price is $15. What is the AMT consequence when Paulie exercises the ISO if the market price on the exercise date (June 12 of Year 3) is $43

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