Question: Saved Help Save & Exit Su Under its executive stock option plan, W Corporation granted options on January 1, 2021, that permit executives to purchase

 Saved Help Save & Exit Su Under its executive stock option

plan, W Corporation granted options on January 1, 2021, that permit executives

Saved Help Save & Exit Su Under its executive stock option plan, W Corporation granted options on January 1, 2021, that permit executives to purchase 15 million of the company's $1 par common shares within the next eight years, but not before December 31, 2023 (the vesting date). The exercise price is the market price of the shares on the date of grant, $22 per share. The fair value of the options, estimated by an appropriate option pricing model, is $4 per option. No forfeitures are anticipated. The options are exercised on April 2. 2024, when the market price is $21 per share. By what amount will W's shareholders' equity be increased when the options are exercised? Multiple Choice o $330 million $270 million o C .) $270 million. $315 million. $60 million

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