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C Secuare https/wew.comnect mbeducation.com/tow/connect.html Chapter Twelve Homewok 8 0 Required information The following information applies to the questions displayed below) Yost received 300 NQOs (each

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C Secuare https/wew.comnect mbeducation.com/tow/connect.html Chapter Twelve Homewok 8 0 Required information The following information applies to the questions displayed below) Yost received 300 NQOs (each option gives Yost the right to purchase 10 shares of Cuter Corporation stock for $15 per Part 3 of 4 share, at the time he started working for Cer Corporation three years ago Cutter's stock price was $15, per share Yost $47 per share (Imput all emounts as positive values Leave no answer blank. Enter zero if applicable.) is options when the share price is $26 per share Two years after acquiring the shares, he sold them a S. Assume that Yost is "cash poor" and needs to engege in a same-day sale in order to buy his shares. Due to his belef that the stock price is going to increase significantly, he wants to maintain as many shares as possible. How many shares must he sell in order to cover his purchase price and taxes payable on the exercise Reference Prey

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