Two years ago, Corporation WZ granted a stock option to employee R to purchase 2,500 shares of

Question:

Two years ago, WZ granted a stock option to employee R to purchase 2,500 shares of WZ stock for $30 per share. Since the date of grant, the market price of the stock has risen steadily and reached $31 just days ago. However, the option period is 10 years. Should R exercise the option immediately to minimize the income he must recognize or should he wait for eight more years before exercising the option?
Corporation
A Corporation is a legal form of business that is separate from its owner. In other words, a corporation is a business or organization formed by a group of people, and its right and liabilities separate from those of the individuals involved. It may...