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aren was granted 10 NQOs (each option gives her the right to purchase 10 shares of stock for $8 per share) On the grant date
aren was granted 10 NQOs (each option gives her the right to purchase 10 shares of stock for $8 per share) On the grant date the stock price was $6 per share. When the share price was $15 per share, she exercised all of her options. What amount of ordinary income does she recognize? -0- $700 $900 $1,500 s
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