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In its 1 0 - Q dated February 4 , 2 0 1 0 , LLL , Inc., had outstanding employee stock options representing over
In its Q dated February LLL Inc., had outstanding employee stock options representing over million shares of its stock. LLL accountants estimated the value of these options using the BlackScholesMerton formula and the following assumptions:
S current stock price $
K option strike price $
r riskfree interest rate
sigma stock volatility
T time to expiration years
What was the estimated value of these employee stock options per share of stock? Note: LLL pays no dividends.Round your answer to decimal places. Omit the $ sign in your response.
Employee stock options $
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