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The fair value of the 20 million options, estimated by an appropriate option pricing model, is $40 per option. Ignore income tax: A debit to
The fair value of the 20 million options, estimated by an appropriate option pricing model, is $40 per option. Ignore income tax: A debit to paid-in capital-stock options for $42 million. A credit to paid-in tapital-excess of par for $255 million. A credit to common stock for $75 million. All of these answe choices are correct. A debit to cash for $30 million
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