Question: Fully vested incentive stock options exercisable at $60 per share to obtain 17,000 shares of common stock were outstanding during a period when the average
Fully vested incentive stock options exercisable at $60 per share to obtain 17,000 shares of common stock were outstanding during a period when the average market price of the common stock was $80 and the ending market price was $80. By how many shares will the assumed exercise of these options increase the weighted-average number of shares outstanding when calculating diluted earnings per share?
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