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The calculation of diluted earnings per share assumes that stock options were exercised and that the proceeds were used to repurchase common stock at: Select
The calculation of diluted earnings per share assumes that stock options were exercised and that the proceeds were used to repurchase common stock at: Select one:
a. the end-of-year market price
. b. the average market price during the period.
c. the purchase price stated on the options.
d. the stock's par value.
e. the average book value per share.
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