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If an employee option to buy 2,000 shares of the employer's stock has a strike price of $23.00 and on May 18, 2021 the stock's

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If an employee option to buy 2,000 shares of the employer's stock has a strike price of $23.00 and on May 18, 2021 the stock's market price is $37.00, what is the intrinsic value of this option? (This option does not expire until December 31, 2022.) $16,000.00 $12,000.00 $28,000.00 If an employee option to buy 4,000 shares of the employer's stock has a strike price of $15.50 and on May 29, 2021 the stock's market price is $29.90, what is the intrinsic value of this option? (This option does not expire until December 31, 2022.) $21,040.00 $37,600.00 $57,600.00

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