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Return to question 40 2 points On January 1, 2018, G Corp. granted stock options to key employees for the purchase of 82,000 shares of

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Return to question 40 2 points On January 1, 2018, G Corp. granted stock options to key employees for the purchase of 82,000 shares of the company's common stock at $23 per share. The options are intended to compensate employees for the next two years. The options are exercisable within a four-year period beginning January 1, 2020, by the grantees still in the employ of the company. No options were terminated during 2018, but the company does have an experience of 3% forfeitures over the life of the stock options. The market price of the common stock was $29 per share at the date of the grant G Corp. used the Binomial pricing model and estimated the fair value of each of the options at $10. What amount should G charge to compensation expense for the year ended December 31, 2018? 8 01:53:15 Multiple Choice $795,400 $397,700 Mc Graw Hill Return to questi 40 $795,400. 2 points 8 01:52:58 $397,700. $410,000 $820,000

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