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In 2010 the stock appreciation rights vest when the

Question - In 2007, when your company's stock is trading at $40 per share, you are granted a bonus of 1,000 stock appreciation rights that vest in 3 years. In 2010, the stock appreciation rights vest when the company's stock is trading at $35 per share. What is the value of your bonus?

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Accounting Basics: In 2010 the stock appreciation rights vest when the

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