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Business, 20.12.2019 19:31 k11kiki

Fx services granted 15 million of its $1 par common shares to executives, subject to forfeiture if employment is terminated within three years.
the common shares have a market price of $8 per share on the grant date.

ignoring taxes, what is the effect on earnings in the year after the shares are granted to executives? a. $0.b. $15 million. c. $40 million. d. $120 million.

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