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Billy, the CEO of Movin on Up Company, Was Granted

Question 3

Multiple Choice

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: 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 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

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