Solution-What was the tax on exercise date

What was the tax on exercise date

Reference no: EM133105643

Question - Cammie received 100 NQOs (each option provides a right to purchase 10 shares of MNL stock for $10 per share.) She started working for MNL Corp. four years ago 5/1/2017 when MNL's stock price was $8 per share. Now 8/15/2021 that MNL's stock price is $40 per share, she intends to exercise all of her options. What was the tax on exercise date 8/15/2021?

Reference no: EM133105643

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What was the tax on exercise date

Reference no: EM133105643

Reference no: EM133105643

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