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A company granted 1,000 stock options to employees on January 1, with an exercise price of $20 per share. The fair value of the options

A company granted 1,000 stock options to employees on January 1, with an exercise price of $20 per share. The fair value of the options on the grant date is $5 per option. Calculate the stock options expense for the year, assuming the options vest evenly over four years.

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