Question
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
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.)
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Fundamentals Of Investing
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0135175216, 978-0135175217
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