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Anna received 56 ISOs (each option gives her the right to purchase 56 shares of stock for $8 per share) at the time she

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Anna received 56 ISOs (each option gives her the right to purchase 56 shares of stock for $8 per share) at the time she started working, when the stock price was $14.50 per share. Three years later, when the share price was $26.20 per share, she exercised all of her options. How much cash will Anna need on the exercise date of the stock options?

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