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Business, 18.11.2019 23:31 shmote12

Pastore inc. granted options for 1 million shares of its $1 par common stock at the beginning of the current year. the exercise price is $29 per share, which was also the market value of the stock on the grant date. the fair value of the options was estimated at $8.00 per option.
if the options have a vesting period of five years, what would be the balance in "paid-in capital – stock options" three years after the grant date?

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