You are valuing a technology company whose enterprise value is $800 million. The company has no debt,

Question:

You are valuing a technology company whose enterprise value is $800 million. The company has no debt, but considerable employee options (10 million in total). Based on option pricing models, you value the options at $6.67 per option. If the company has 40 million shares outstanding, what is the company's equity value and value per share? What is the value per share using the exercise value approach? Assume the average equals $15. Strike Price
In finance, the strike price of an option is the fixed price at which the owner of the option can buy, or sell, the underlying security or commodity.