Details of this Paper

Opts Co. awards 10,000 shares of options to its em...

Description

Solution


Question

Opts Co. awards 10,000 shares of options to its employees with the vesting period of 5 years. The option was awarded on January 1st, 2013. At the time of the option awarded, the exercise price was $10/share while the market price of the stock was $13/share. What would be the compensation expense at the end of year 2013? Write your answer without dollar sign to the nearest dollar with no decimals.

 

Paper#4874 | Written in 18-Jul-2015

Price : $25
SiteLock