What was the ceos total compensation for year one

Reference no: EM133615941

Problem: The CEO has a salary of $100,000 per year. At year 1, she was also awarded 10,000 options at the strike price of $50 per share. Each option allows her to buy one share of the company's stock. At the time of the option award, the stock price was $35 per share. At the time of maturity of the option in year 5, the stock price rose to $62 per share. Including the salary, what was the CEO's total compensation for year 1?

Reference no: EM133615941

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