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Business, 12.08.2019 23:20 sullivanjakob

On january 1, year 1, ward corp. granted stock options to corporate executives for the purchase of 20,000 shares of the company's $20 par value common stock at $48 per share. all stock options were exercised ondecember 28, year 1. using an acceptable option pricing model, ward calculated total compensation cost of $240,000. the quoted market prices of ward's $20 par value common stock were as follows: january 1, year 1 $45december 28, year 1 60as a result of the grant and exercise of the stock options and the issuance of the common stock, ward's additional paid-in capital increased by:

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