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A company has issued 100,000 options of which 50,000 are in the money at an average exercise price of $15.00. The Companys average stock price

A company has issued 100,000 options of which 50,000 are in the money at an average exercise price of $15.00. The Companys average stock price is $25.00 per share. The stock price on the period closing date is $27.00

How many shares are dilutive and would affect the Companys EPS calculation. Please show the calculation.

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