Business, 06.05.2020 02:02 bridgetosanders
Van Winkle received stock options from his employer, RiP, Inc. The options entitled Van to purchase 100 shares of RiP common stock at an exercise price of $20 per share. The options vested when the market price of the stock was $32 per share. Van exercised his options on the vesting date. He sold the stock several months later for $38 per share. What is the total bargain element on Van's stock?
Answers: 2
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Van Winkle received stock options from his employer, RiP, Inc. The options entitled Van to purchase...
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