Question: Calculate fully diluted shares using the information below ($ in millions, except per share data; shares in millions) Assumptions Current share price $25 Basic shares

Calculate fully diluted shares using the information below (\$ in millions, except per share data; shares in millions) Assumptions Current share price $25 Basic shares outstanding 201 Exercisable options 20 Weighted average exercise price $10 The firm will use the option proceeds to repurchase the stock Hint: use the comps Excel file to estimate your answer Note: input your answer in millions Calculate fully diluted shares using the information below ( $ in millions, except per share data; shares in millions) Assumptions Current share price $25 Basic shares outstanding 216 Exercisable options 20 Weighted average exercise price $40 The firm will use the option proceeds to repurchase the stock
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