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QUESTION 3 The calculation of diluted earnings per share assumes that stock options were exercised and that the proceeds were used to buy treasury stock

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QUESTION 3 The calculation of diluted earnings per share assumes that stock options were exercised and that the proceeds were used to buy treasury stock at: A. The average market price for the reporting period B. The market price at the end of the period. C. The purchase price stated on the options. D. The stock's par value

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