Current share price: $50; Basic shares outstanding: 80 (in millions). 1. What is the total shares of
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Current share price: $50; Basic shares outstanding: 80 (in millions).
1. What is the total shares of in-the-money options? (keep one decimal place)
number of shares | Exercise price | |
Tranche 1 | 1.5 | $10 |
Tranche 2 | 1.0 | $25 |
Tranche 3 | 0.2 | $45 |
Tranche 4 | 0.4 | $55 |
2. What is the proceeds (in millions) from the in-the-money options? (keep two decimals)
- 86.00 is wrong X
3. What is the new shares in millions (the shares from the in the money options - the shares from repurchase) from the options? (keep two decimals)
- 0.40 is wrong X
4. What is the fully diluted shares outstanding (in millions)? (keep two decimals)
- 3.10 is wrong X
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