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Calculating diluted earnings per share

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Reference no: EM131820914

Fully vested incentive stock options exercisable at $38 per share to obtain 27,000 shares of common stock were outstanding during a period when the average market price of the common stock was $48 and the ending market price was $48.

By how many shares will the assumed exercise of these options increase the weighted-average number of shares outstanding when calculating diluted earnings per share?

Reference no: EM131820914

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