Question
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
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.)
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Fundamentals Of Investing
Authors: Scott B. Smart, Lawrence J. Gitman, Michael D. Joehnk
14th Edition
0135175216, 978-0135175217
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