Question
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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