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Fully vested incentive stock options for 98,000 shares of common stock at an exercise price of $48 were outstanding for the entire year. The market
Fully vested incentive stock options for 98,000 shares of common stock at an exercise price of $48 were outstanding for the entire year. The market price of the stock during the year averaged $54. Required: By how many shares will the assumed exercise of these options increase the weighted-average number of shares outstanding when calculating diluted earnings per share? (Round your answer to the nearest whole number.) No. of shares
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