Question
Maren received 10 NQO (each option entitles her to buy 11 shares at $8 per share) at the time she started work, the stock price
Maren received 10 NQO (each option entitles her to buy 11 shares at $8 per share) at the time she started work, the stock price was $8 per share. When the share price was $12 per share, she exercised all of her options. Eighteen months later, she sold all the shares for $21 per share.
What is the amount of Maren's bargain item?
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Taxation Of Individuals And Business Entities 2015
Authors: Brian Spilker, Benjamin Ayers, John Robinson, Edmund Outslay, Ronald Worsham, John Barrick, Connie Weaver
6th Edition
978-1259206955, 1259206955, 77862368, 978-0077862367
