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employer giving her the right to purchase 1 0 0 shares of Birch stock for $ 3 0 per share. The option is not traded
employer giving her the right to purchase shares of Birch stock for $ per share. The option is not traded on an
established market, and its value could not be readily determined when it was granted. On September Louise
exercised the option and purchased shares of the stock. When she exercised this option, the fair market value of the
stock was $ per share.
How much compensation should be included in Louise's income as a result of exercising this option?
$
$
$
$
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