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Pleaae help! 10. Calculate the contingent liability (option overhang) given the number of options are 50 . The market price is $75; exercise price is

Pleaae help!
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10. Calculate the contingent liability (option overhang) given the number of options are 50 . The market price is $75; exercise price is $60 and the firm's tax rate is 30%. a. $875 b. $525 c. $375 d. $175

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