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Taylor129
Taylor129
22.07.2020 • 
Mathematics

Mark received 10 ISOs (each option gives him the right to purchase 16 shares of Hendricks Corporation stock for $8 per share) at the time he started working for Hendricks Corporation five years ago when Hendricks’s stock price was $5 per share. Now that Hendricks’s share price is $35 per share, Mark intends to exercise all of his options and hold all of his shares for more than one year. Assume that more than a year after exercise, Mark sells the stock for $35 a share. (

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