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Billy, the CEO of Movin On Up Company, was granted stock options with an exercise price of $61.5 per share. The following are the week-ending

Billy, the CEO of Movin On Up Company, was granted stock options with an exercise price of $61.5 per share. The following are the week-ending stock prices that occurred during the quarter:

Which was the most likely day that these stock options were awarded?

Date

Stock Price

7-Sep-05

56.82

13-Sep-05

57.24

20-Sep-05

60.51

27-Sep-05

57.23

4-Oct-05

60.14

11-Oct-05

60.42

18-Oct-05

61.5

25-Oct-05

59.84

1-Nov-05

60.02

8-Nov-05

60.14

15-Nov-05

61.52

22-Nov-05

61.67

29-Nov-05

63.94

6-Dec-05

62.39

13-Dec-05

62.04

20-Dec-05

64

27-Dec-05

65.52

A.

Do not have enough information

B.

15-Nov-05

C.

27-Dec-05

D.

18-Oct-05

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