Which Is the Correct Entry to Record the Exercise of 90

question 45

Multiple Choice

Which is the correct entry to record the exercise of 90% the options on April 15, 2016, when the market price of the stock was $8?

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Definitions:

Mean

A statistical measure representing the average value of a set of numbers.

Percentile

A statistical measure indicating the value below which a given percentage of observations in a group of observations fall.

Percentile

A measure indicating the value below which a given percentage of observations in a group of observations fall.

Quartile

A statistical term describing each of four equal groups into which a population can be divided based on a distribution.