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SSG Cycles manufactures and distributes motorcycle parts and supplies. Employees are offered a variety of share-based compensation plans. Under its nonqualified stock option plan, SSG
SSG Cycles manufactures and distributes motorcycle parts and supplies. Employees are offered a variety of share-based compensation plans. Under its nonqualified stock option plan, SSG granted options to key officers on January 1, 2024. The options permit holders to acquire 7 million of the companys $1 par common shares for $27 within the next six years, but not before January 1, 2027 (the vesting date). The market price of the shares on the date of grant is $29 per
what is the compensation cost?
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