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Business, 18.12.2019 01:31 lanashanabJHsbd1099

On january 1, year 1, a company grants 5,000 nonqualified stock options to an employee with a strike price of $3 per option and fair value of $8 per option. all of the options vest at the end of five years from the grant date. at the end of year 1, the company's stock price was $10 per share. what amount of annual stock compensation cost should the company report for year 1?

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