Question
An individual was granted 1,000 stock options in a Canadian public company in the prior year with an option price of $16, when the shares
An individual was granted 1,000 stock options in a Canadian public company in the prior year with an option price of $16, when the shares were trading at $26.
In the prior year, the individual exercised the options when the shares were trading at $37.
What is the impact on taxable income of the individual for the current year?
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Capital Market Instruments Analysis And Valuation
Authors: M. Choudhry, D. Joannas, G. Landuyt, R. Pereira, R. Pienaar
3rd Edition
0230576036, 9780230576032
