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I need help Im stuck Intermediate Accounting 303: ACCT 303 01 Spring 2018 ACCOUNTING Chapter 19 Hw Question 21 (of 25)> 21. 1.0 points value

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Intermediate Accounting 303: ACCT 303 01 Spring 2018 ACCOUNTING Chapter 19 Hw Question 21 (of 25)> 21. 1.0 points value Under its executive stock option plan, National Corporation granted options on January 1. 2016, that permit executives to purchase 20 million of the company's $1 par not before December 31, 2019 (the vesting date). The exercise price is the market price of the shares on common shares within the next seven years, but e date of grant, $23 per sharo. The tair value of the options, estimated by an appropriate oplion pricng model, is $5 per option. No forfeitures are anticipated 1. Ignoring taxes, what is the total compensation cost pertaining to the stock options? (Enter your answer in millions (i.e, 10,000,000 should be entered as 10).) 2. Ignoring taxes, what is the effect on earnings in the year after the options are granted to execulives? Enter your answer in millions(i.e, 10,000,000 should be entered as 10)) esc F6

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