Billy,the CEO of Movin on Up Company,was Granted Stock Options

Billy,the CEO of Movin On Up Company,was granted stock options with an exercise price of $55.00 per share.The following are the week-ending stock prices that occurred during the quarter:

If Movin On Up engaged in the practice of backdating,which of the following is the most likely exercise price for Billy's options?

A) $65.52
B) $67.50
C) $65.00
D) $56.82