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Using the information for the next 4 questions. Current share price: $50; Basic shares outstanding: 80 (in millions). 1. What is the total shares of
Using the information for the next 4 questions. Current share price: $50; Basic shares outstanding: 80 (in millions). 1. What is the total shares of in-the-money options? (keep one decimal place) 2. What is the proceeds (in millions) from the in-the-money options? (keep two decimals) 3. What is the new shares in millions (the shares from the in the money options - the shares from repurchase) from the options? (keep two decimals) 4. What is the fully diluted shares outstanding (in millions)? (keep two decimals)
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