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no idea with this Purchased options will always be anh'dilutive since they will only be exercised when they are in the money and this will

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Purchased options will always be anh'dilutive since they will only be exercised when they are in the money and this will always be favourable to the company. Hence there are no incremental snares oulstanding. They are therefore not ounsidere in the calculation of diluted EDS (MB 33.62). Crane Limited purchased 38,100 call options during the year. The options give the company the right to buy its own common shares for $8 each. The average market price during the year was $13 per share. Calculate the incremental shares outstanding for Crane Limited. Incremental shares outstanding $

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