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A company gives its employees stock options that will be exercised over the next 4 years. Each option has 1100 shares at a share price

A company gives its employees stock options that will be exercised over the next 4 years. Each option has 1100 shares at a share price of $20 per share. The current modeling predicts the value of each share to be 15. What is the compensation expense for each year?

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