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8 8/15 points On January 1year 1. the board of directors of a corporation granted 19 shares of restricted stock to the CEO. The restricted

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8 8/15 points On January 1year 1. the board of directors of a corporation granted 19 shares of restricted stock to the CEO. The restricted stock vests over three years, as long as the CEO still employed. The fair value of the common stock on the grant date was $16 per share. The fair value of the common stock on December 31. year 1 was $23 per stare. Assuming the CEO is silencioyed on December 31. year 1. the corporation must recognize a compensation expense of how much? Round to the nearest whole number) Type your awer Next

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