assume that sarazan company has a

Assume that Sarazan Company has a share-option plan for top management. Each share option represents the right to purchase a R$1 per value ordinary share in the future at a price equal to the fair value of the shares at the date of the grant. Sarazan has 5,000 share options out-standing, which were granted at the beginning of 2015. The following data relate to the option grant. Assume that Sarazan Company has a share-option plan for top management. Each share option represents the right to purchase a R$1 per value ordinary share in the future at a price equal to the fair value of the shares at the date of the grant. Sarazan has 5,000 share options out-standing, which were granted at the beginning of 2015. The following data relate to the option grant