MCQ

a)

b)

Use the table for the question(s) below. The following are the week-ending stock prices that occurred during the quarter: Date 7-Sep-15 3-Sep-15 20-Sep-15 27-Sep-15 4-Oct-15 11-Oct-15 18-Oct-15 25-Oct-15 11-Nov-15 8-Nov-15 15-Nov-15 22-Nov-15 29-Nov-15 6-Dec-15 13-Dec-15 20-Dec-15 27-Dec-15 Stock Price 56.82 57.24 $0.51 $7.23 160.14 160.42 61.5 59.84 50.02 60.14 61.52 61.67 63.94 62.39 62.04 64 65.52 Billy, the CEO of Movin On Up Company, was granted stock options with an exercise price of $55.00 per share. Refer to the week-ending stock prices that occured during the quarter. If Movin On Up engaged in the practice of backdating, which of the following is the most likely exercise price for Billy's options? Select one: O A. $56.82 OB. 567.50 C. $65.52 D. $57.23 E. $65,00 Billy, the CEO of Movin On Up Company, was granted stock options with an exercise price of $62.04 per share. Refer to the week-ending stock prices that occured during the quarter. What is the most likely date on which the stock options were awarded? Select one: O A. 13-Sep-15 O B. 13-Dec-15 O C. 11-Oct-15 O D. 25-Oct-15 O E. 7-Sep-15