Realty1 has 40,000 outstanding stock options.Its net income for the year is $250,000.Each option allows the holder to purchase a share of stock for $14.The average market value of the shares for the year was $17.What is the incremental income per common share?
A) $0.00
B) $1.00
C) $1.50
D) $2.00
Correct Answer:
Verified
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