The market value of the stock on the grant date


Our company granted options for 2 million shares of its $1 par common stock at the beginning of the current year. The exercise price is $35 per share, which was also the market value of the stock on the grant date. The fair value of the options was estimated at $9 per option. Which would be the total compensation indicated by these options?

Request for Solution File

Ask an Expert for Answer!!
Accounting Basics: The market value of the stock on the grant date
Reference No:- TGS0555016

Expected delivery within 24 Hours