Question 8 (1 point) Company X's CEO has 50 million shares of stocks and 60 million shares of options (of Company X). The stock return volatility (o) is 1.5, dividend yield (d) is 0.07, riskfree rate (r) is 0.12, and maturity (T) is 1 year. Following table shows stock price of Company X during 2020. Options were granted "at-the-money" on April 2020. Find increase in CEO wealth for $1 increase in Company X's stock price as of Dec. 20202 [Company X Stock Price, 2020] Feb, 2020: $10.5 Apr, 2020: $5.0 Jun, 2020: $9.1 Aug, 2020: $8.5 Oct, 2020: $17.0 Dec, 2020: $20.0 103.5 million 91.6 million 78.1 million 123.2 million Question 8 (1 point) Company X's CEO has 50 million shares of stocks and 60 million shares of options (of Company X). The stock return volatility (o) is 1.5, dividend yield (d) is 0.07, riskfree rate (r) is 0.12, and maturity (T) is 1 year. Following table shows stock price of Company X during 2020. Options were granted "at-the-money" on April 2020. Find increase in CEO wealth for $1 increase in Company X's stock price as of Dec. 20202 [Company X Stock Price, 2020] Feb, 2020: $10.5 Apr, 2020: $5.0 Jun, 2020: $9.1 Aug, 2020: $8.5 Oct, 2020: $17.0 Dec, 2020: $20.0 103.5 million 91.6 million 78.1 million 123.2 million