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Suzanne received 38 ISOs (each option gives her the right to purchase 38 shares of stock for $17 per share) at the time she started
Suzanne received 38 ISOs (each option gives her the right to purchase 38 shares of stock for $17 per share) at the time she started working when the stock price was $21.25 per share. Three years later, when the share price was $31.60 per share, she exercised all of her options. How much cash will Suzanne need on the exercise date?
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