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expire on January 1, 2027. Fach option can be exercised to acquite one share of $1 par common stock for $12. An oplion pricing noded

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expire on January 1, 2027. Fach option can be exercised to acquite one share of \$1 par common stock for \$12. An oplion pricing noded extsates twe tar value of the options to be $5 on the date of grant. Vhat amount should M recognize as compensation expense for 2021 ? Mutiple Choice $30,000 $60,000

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