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Hazel received 24 NQOs (each option gives her the right to purchase 10 shares of stock for $8 per share)at the time she started working, when the stock price was $15 per share. Now that the share price is $21 per share, she intends to exercise all of her options. How much cash will Hazel need on the exercise date to exercise the stock option?
Rewards
Incentives or benefits given to individuals or groups to recognize and motivate specific achievements or behaviors.
Task Force
A temporary group of people formed to accomplish a specific objective, often bringing together expertise from different areas or disciplines.
Permanent
Something that is intended to last or remain unchanged indefinitely.
Temporary
Pertaining to a limited period of time; not permanent.
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