Aharon Exercises 10 Stock Options Awarded Several Years Ago

question 47

Multiple Choice

Aharon exercises 10 stock options awarded several years ago. The following information pertains to the options: (1) each option gives the employee the right to buy 10 shares, (2) the market price on the grant date was $7, (3) the strike price is $10, and (4) the market price on the exercise date was $15. How much will it cost Aharon to purchase the options on the exercise date?

• A) $90.
• B) $500.
• C) $700.
• D) $1,000.

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Definitions:

Feeding Assessment

Evaluation of an individual's ability to eat and drink safely and effectively, including considerations for nutritional needs and swallowing function.

Basic Activities

Fundamental tasks, often referring to daily self-care activities such as eating, dressing, and personal hygiene.

Daily Living

Activities that are performed as part of one's everyday life, including personal care, mobility, and eating.

Dresses Self

The ability of an individual to perform the task of putting on clothes independently, often used as a milestone in child development.