Jason received 100 nqos giving him the right to purchase 5, Finance Basics

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Jason received 100 nqos giving him the right to purchase 5

Jason received 100 NQOs giving him the right to purchase 5 shares of stock for $6 per share from his employer when the stock price was $5 per share. The current share price is $15. Jason will exercise all of the options using a same-day sale. What are Jason's after-tax proceeds from the sale if his marginal tax rate is 35 percent? (Points : 4) $1,575 $2,925 $3,000 $4,500 $5,925 $7,500

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Finance Basics: Jason received 100 nqos giving him the right to purchase 5

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